. . .

Mozambique. Light vehicle market falls 28% Year to Date in August 2020, while Volkswagen grows

Normal
0

Honduras 2020. Nissan holds 21.4% share in a market steadily down 24.8%
Monday November 16, 2020

Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */table.MsoNormalTable{mso-style-name:”Tabella normale”;mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-priority:99;mso-style-parent:””;mso-padding-alt:0cm 5.4pt 0cm 5.4pt;mso-para-margin-top:0cm;mso-para-margin-right:0cm;mso-para-margin-bottom:10.0pt;mso-para-margin-left:0cm;line-height:115%;mso-pagination:widow-orphan;font-size:11.0pt;font-family:”Calibri”,”sans-serif”;mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin;} Honduras Vehicles Market in 2020 is still heavily hampered by COVID-19 as cases have been high since June. Indeed, 500 units have been sold in September (-46.7%), leading Year to Date sales at 6.102 units (-24.8%). Nissan remains the […]

The post Honduras 2020. Nissan holds 21.4% share in a market steadily down 24.8% appeared first on Celadon Saigon.

false
false
false

Trinidad & Tobago 2020. Vehicle market still down 34.8% , while Nissan closely follows the leader Toyota
Friday November 13, 2020

Trinidad and Tobago car market in 2020 is heavily burdened by the restrictions to prevent the spread of infections, in fact, in September the market is still down 42.1% with 702 units sold, leading Year to Date sales at 7.201 units (-34.8%). Toyota remains the leader but is closely followed by Nissan. Economic Environment The […]

The post Trinidad & Tobago 2020. Vehicle market still down 34.8% , while Nissan closely follows the leader Toyota appeared first on Celadon Saigon.

EN-US
X-NONE
X-NONE

/* Style Definitions */table.MsoNormalTable{mso-style-name:”Tabella normale”;mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-priority:99;mso-style-parent:””;mso-padding-alt:0cm 5.4pt 0cm 5.4pt;mso-para-margin-top:0cm;mso-para-margin-right:0cm;mso-para-margin-bottom:10.0pt;mso-para-margin-left:0cm;line-height:115%;mso-pagination:widow-orphan;font-size:11.0pt;font-family:”Calibri”,”sans-serif”;mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin;}

Mozambican vehicles sales fall in 2020. Indeed, 1.894 units were sold Year To Date until August, losing 28% compared to last year. Toyota maintains top of the leaderboard with a 32% loss, while Volkswagen enters the leaderboard and is the only top 10 gainer, with a 14.6% increase in sales.
Economic Environment
Available data points at a still-struggling economy in Q3, on the heels of a dire Q2 which saw output contract at the steepest pace in at least a decade as the Covid-19 fallout pummeled activity across the major sectors. Economic sentiment continued to weaken in July, declining for the fifth consecutive month and to a new series low amid a more downbeat employment outlook, with the construction and transport sectors particularly affected. In addition, after clawing back up from its all-time low in April, the private sector PMI dipped in August, remaining well entrenched in contractionary terrain due to faltering output and new business as Covid-19 continued to impact demand. This, coupled with some lingering restrictions, particularly related to travel, bodes ill for activity in the quarter.
Market Trend Year To Date
In Mozambique 1.894 units have been sold until August 2020, reporting a loss of 28% compared to last year. This negative trend in the market reflects the impact of the pandemic in the region, where infections have kept growing exponentially since the beginning of May, and have still not been put under control.
Brand-wise, Toyota remains the market leader, with a loss of 32%, followed by Ford, losing 26.8%, and by Nissan, losing 30.2%. The worst performance was registered by Mazda, losing 35% sales, while the only top 10 gainer was Volkswagen, with a 14.6% increase.
Medium Terms Market Trend
The Mozambican vehicle’s market is finally back on track, after an extremely weak 2015-2017 period of time, where registrations were almost only two-third of 2014 volume. When the market had posted the all-time record in 2014 with 7.286 sales (including HCVs), nobody would have thought there could be a drop in sales at 2.478 units. Indeed, in 2018 the market started recovering with 3.817 units sold (+54%).
In 2019, the market signed the second consecutive annual growth. Indeed, Full-year registrations have been 4.172, up 9.3% from the previous year.
In Q1 2020 the market was already weak compared to the previous year, reporting 961 sales (a 6.2% decrease), but the worst was yet to come. As the pandemic started affecting markets, the First Half sales were 1.274, falling 36.1%.
Tables with sales figures
In the tables below we report sales for the Top 10 Brands

Madagascar 2020. Auto sales down 14.4% Year to Date September
Monday November 09, 2020

Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */table.MsoNormalTable{mso-style-name:”Tabella normale”;mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-priority:99;mso-style-parent:””;mso-padding-alt:0cm 5.4pt 0cm 5.4pt;mso-para-margin-top:0cm;mso-para-margin-right:0cm;mso-para-margin-bottom:10.0pt;mso-para-margin-left:0cm;line-height:115%;mso-pagination:widow-orphan;font-size:11.0pt;font-family:”Calibri”,”sans-serif”;mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin;} Madagascar Car Sales decline in 2020 as COVID-19 impacts the region. Indeed, Year to Date sales in September have been 1.264, down 14.4% from the previous year. Toyota kept the crown, just a few units ahead of Renault, which […]

The post Madagascar 2020. Auto sales down 14.4% Year to Date September appeared first on Celadon Saigon.

This content is for members only. Visit the site and log in/register to read.