British Vehicles Market in May reported one of the worst trends in Europe, as car dealerships weren’t allowed to reopen through the entire month due to late anti-covid19 response. Indeed, sales plummeted 89% in May with 20.247 units sold, leading Year to Date sales to 508.033 (-42.5%). British Vehicles Market in MayThe dramatic market trend in May clearly shows the effect of Great Britain’s late response to the Coronavirus outbreak. Indeed, the ease of restriction measures was much slower compared to most European countries and car dealerships weren’t actually allowed to reopen through May.As a result, registrations in May plummeted 89% – after halting completely in April (-97.2%) – with 20.247 units sold, leading Year to Date sales to 508.033 (-42.5%). This was the lowest May volume in near 70 years and is seen to become one of the lowest in Europe for May 2020.Moreover, in May petrol sales crumbled 90.5% at 55.1% share, while diesel held 17% and HEV at 3.2%. BEV and PHEV reached respectively 12% and 4.1% share.Brand-wise, Volvo reported the smallest drop in the Top 30, losing 74.4% and gaining the 16th position. Post Covid19 Market TrendGreat Britain was one of the last countries to take decisions reducing the normal lifestyle, but ultimately they had to follow the track of other countries progressively closing all industrial and commercial activities.So, sales activities were in the normal speed for three-quarter of the month and the new vehicles sales registrations in March had been only partially hit.Anyhow, data released by the Minister of Transportation regarding the crucial month of March, usually the highest in the year as total volume, were very negative, with sales at 254.684 units (-44.5%) ending the Q1 with 483.465 units (-31.1%).In April, lockdown measures have been extended for the entire month, dragging registrations at the lowest volume in over 70 years. Indeed, in April sales fell 97.2% at 4.574.Medium Terms Market TrendThe referendum on BREXIT in 2016 found the national automotive industry on the top of its glorious history. Following five years of consecutive grow, the light vehicles market hit in that year the All-Time record sales with 3.06 million units and was the fourth largest in the World.After the referendum the industry trend mirrored the British economy and was prolonged decline started, waiting for the announced collapse after BREXIT will become effective. Indeed, the light vehicles market felt down both in 2017 and 2018, while the rest of Europe was growing without uncertain, and in the 2018 sales have been 2.72 million, of which 2.36 were car passenger. In 2019, registrations fell at the lower level out of last 5 years, with 2.64 units sold.The finally defined BREXIT process, created alarm of economic outlook with deep effects on the relevant automotive industry and fears for production activity shift from UK to the continent, as already decided by Honda and JLR.Anticipating future fears, according to data released by the Royal Minister of Transportation, the market started 2020 in a negative mood with year to date February sales at 228.781, down 5.9%.Tables with sales figuresIn the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 ModelsThis content is for members only. Visit the site and log in/register to read.
Malaysia. In March auto sales crumbled by 61%
Tuesday May 05, 2020
Malaysian Vehicles Market in March has collapsed, as a result of the “Movement Control Order” implementation, corresponding to a partial lockdown starting from March 18. Indeed, sales dropped down 61% in March with 20.965 units sold, ending the first quarter at 104.215 (-25.6%).The post Malaysia. In March auto sales crumbled by 61% appeared first on […]
Morocco. New Auto Sales fell 86% in April and 83% in May
Tuesday June 09, 2020
Moroccan Auto Market is collapsing under the weight of Covid19 restrictions losing 86% in April and 83% in May 2020. The country struggles on fighting the virus effects and the huge economic crisis is clearly represented by the lackness of demand for new vehicles.Post Covid19 Market TrendSaid this, a new era started in March for […]
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