July confirms a 12.5% ​​drop in registrations

Written by: Monica Redondo @MonicaRedondoD August 1, 2022 3 minutes

The month of July confirmed the 12.5% ​​drop in car and SUV registrations. What will happen in August?

The seventh month of the year ended with a 12.5% ​​drop in car and SUV registrations, compared to the same period of the previous year. On this occasion, they registered 73,378 units, all marked by a marked month conditioned by economic uncertainty, resulting from the rise in inflation and prices, and by the shortage of semiconductors which continues to weigh on the arrival of vehicles at dealerships.

Until July, sales of passenger cars and SUVs were down 11% compared to the same period of the previous year, with a total of 481,135 units. With regard to emissions, the average CO2 emissions are at 122.4 grams of CO2 per kilometerwhich is 2.7% less than the average number of models sold in July 2021.

In the last month, only corporate sales managed to achieve a positive result, with a growth of 2.7% and 31,035 units sold. For its part, the individual channel suffered a drop of 12.1% to 31,330 sales. As for purchases made by tenants, they maintained the annual downward trend, accumulating 11,013 units in the seventh month, or 38.9% less than in the same month of the previous year. This channel is the one that suffers the most from the lack of semiconductors.

July confirms the negative trend in the sector

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In July, registrations of light commercial vehicles fell again sharply, with a drop of 17.9% and a total of 11,279 units. Year-to-date, a total of 68,138 units were added, which represents a decrease of 33.1%. As for the chains, they all maintain the downward trend, the rental chain, with a drop of 33.7%, suffering the largest drop.

Félix García, director of communication and marketing at Anfac, explained that “the market for cars and SUVs has still not reached positive figures. A month like July, which historically showed good behavior, closed on a significant decline. bad economic situation which was already an important conditioning factor for users’ purchasing decisions, was aggravated by the sharp rise in inflation and energy prices, as well as by consumer uncertainty in the face of certain messages against the use of private vehicles.

For his part, Raúl Morales, director of communications at Faconauto, indicated that “traditionally, July was one of the best months of the year for the automobile because families planned the purchase of their new car before the holidays. and car rental companies strengthened their fleets before the summer campaign. These situations did not occur this year, hence the drop not only in registrations but also in orders. De esta manera, el mercado sigue deprimido, más de un 30% por debajo de las cifras de 2019, y con los mismos achaques de los últimos meses, mainly la falta de stock y sobre todo la incertidumbre que sienten los compradores, que además se tienen que enfrentar a claro encarecimiento de los vehículos, del 6% de media en lo que va de año, y ahora a una subida del precio del dinero, lo que aleja cada vez más a la familia española media de la posibilidad de aquirir un new car”.

Industry #registrations #Sales

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