Industry: hopes for next year

LIGHT AT THE END OF THE TUNNEL The Swiss automotive industry is emerging with a strong sense of self-confidence from a 2020 that was, and will continue to be, dominated by the Corona pandemic and the measures taken to contain it. This is the result of a survey conducted by the Auto Gewerbe Verband Schweiz, in which nearly 60 decision-makers from the Swiss automotive industry took part for the first time [...]

Hopes
Swiss decision-makers expect a slight to pronounced recovery in sales.

This is the result of a survey conducted by the Swiss Auto Industry Association, in which almost 60 decision-makers from the Swiss automotive industry took part for the first time. A good half
of respondents expect the coming year to be "rather better" (55.6%) or even "much better" (5.6 %) for their company.

When asked about the outlook for the industry as a whole, almost 67 percent of decision-makers in the automotive sector even expect a slight to pronounced recovery.

Sales recovery expected for 2021
The forecast for 2020 assumes a 26 percent decline in new car sales to 232,000 passenger cars. For 2021, the BAK economists expect sales of 266,000 new cars. This is a recovery of 15 percent, but is below the long-term average of around 300,000 new cars per year.

In third place, hope for vaccine
In the online survey, the AGVS also wanted to know from respondents why they see 2021 in a positive light. "Society getting used to the situation" (64.8%) and "economic pent-up demand" (59.3%) were the most frequently selected answer options. Only in third place came hope for a vaccine against covid-19 (55.6%).

The industry is concerned about politics
More than three quarters of the survey participants feel that they receive too little support from politicians. This is one of the reasons why the AGVS is campaigning for a referendum against the new CO2 law (AutoSprintCH reported).

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