Market: Sluggish recovery after the crisis
SALES In May, 19,991 new passenger cars were registered in Switzerland and the Principality of Liechtenstein. After 2020, this is the second worst May since the turn of the millennium. The corona crisis has not yet been overcome. The demand for new passenger cars is picking up only sluggishly and has by no means reached the pre-crisis level. For this reason alone, the [...]
Demand for new passenger cars is picking up only sluggishly and is still a long way from reaching pre-crisis levels. For this reason alone, the adoption of the new CO2 law with the resulting cost increases would be bad for the Swiss automotive industry.
Increase of 25 percent to 2020 small consolation
The 25 percent year-over-year increase is cold comfort, however, as market volume is still more than 20 percent below the 20-year pre-pandemic average.
Since the turn of the millennium, the Swiss car market was below 100,000 new registrations until the end of May only in the two Corona years.
Cost increases threatened due to CO2 law
The CO2 law has now burst into the middle of the crisis. If it is adopted, the importers' association Auto-Switzerland expects further cost increases for the industry - without any positive effect on the CO2 balance.
Christoph Wolnik from Auto-Schweiz: "The reduction targets for new vehicles from 2025 and 2030 respectively are completely undisputed. However, the new CO2 law does not support the transformation process towards climate-neutral road traffic, but merely makes it artificially more expensive."
