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New Caledonia 2020. Market falls 30.9%, but Year to Date sales are still positive (+1.8%)

New Caledonian Cars Market plummets after growing by 28.2% in September. Indeed, 635 units were sold in October (-30.9%), leading Year to Date sales at 6.549 (+1.8%). All brands in the leaderboard report losses except Ford (+20.6%).
Market Trend Year to Date
After growing by an impressive 28.2% in September, the New Caledonian vehicles market plummeted. Indeed, 635 units have been sold in October (-30.9%), leading to 6.549 sales Year to Date, still a 1.8% growth compared to last year.
Brand-wise, the leader Toyota lost 19.5%, while the top performance in the leaderboard was registered by Ford, gaining 20%. The sharpest drop was reported by Hyundai, losing over 65%.
Medium-Term Market Trend
The New Caledonian vehicles market in recent years has lost steam declining from the 11.059 units sold in 2012 to 8.410 in 2016. During 2017 consumer demand was stable and the year ended with a little recovery, up 1.6% at 8.544 units. In 2018 the market registered a negative performance, with 8.206 sales, losing 4% from the previous year.
2019 kept the previous year’s negative trend. Indeed, the Full-year ended with sales at 7.728, declining 5.8% from the previous year.
In Q1 2020 1.710 units have been sold (-4.1%), while First Half sales were 3.414, only a 3.3% decrease compared to the previous year.

Finally some unemployment numbers that reflect reality
Thursday October 22, 2020

A short and highly recommended read: America’s true unemployment rate To this day, to be officially counted as unemployed you need to be earning no money at all, and you need to be actively looking for work. Only 46.1% of white Americans over the age of 16 — and a mere 40.8% of Black Americans […]

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Switzerland 2020. Best selling cars ranking
Friday March 05, 2021

Switzerland Best Selling Cars ranking in 2020 is led by the Skoda Octavia for the 4th consecutive year, while the Volkswagen Tiguan is outpaced by the Tesla Model 3, which reaches 2nd position. In Switzerland, since 2017 the market is held by a new leader, the Skoda Octavia, which kept a stable market share throughout […]

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