Market: Severe supply problems with semiconductors
SALES In July, 19,422 new passenger cars were registered in Switzerland and the Principality of Liechtenstein. Compared to the 22,641 new registrations in the same month last year, the market declined by 14.2 percent. The worst July result since the turn of the millennium is mainly due to delivery problems resulting from the shortage of semiconductors in vehicle production. Although some manufacturers are reporting [...]
The worst July result since the turn of the millennium is mainly due to supply problems resulting from the shortage of semiconductors in vehicle production. Although some manufacturers are reporting a foreseeable end to the supply problem, it is currently putting a noticeable brake on the auto market.
July figures below 2020 result
Since the beginning of the year, 143,969 new cars have hit the roads in Switzerland and Liechtenstein, 14.4 percent more than in the first seven months of the Corona year 2020 (125,842). However, the effects of the semiconductor crisis are now causing the further market recovery to stall.
After a small year-on-year increase was recorded in June, the July figures are now below the 2020 result and even more significantly below the pre-crisis level. In July 2019, for example, 25,518 new passenger cars had been put on the road for the first time - the current market level of 19,422 redemptions is 23.9 percent lower.
Shortage of electronic components
Andreas Burgener, Director of the importers' association auto-schweiz: "We are currently experiencing the bottom of the semiconductor crisis, which is hitting us harder than originally expected. The shortage of electronic components and chips at manufacturers and suppliers has taken on enormous proportions. However, we see light at the end of the tunnel and hope that the situation will normalize in the fourth quarter."
Consistently high alternative market share
With a market share of 40.8 percent, four out of ten new passenger cars that hit the roads in July had a hybrid, electric, gas or fuel cell drive. This represents a continuation of the trend since the beginning of the year, with the cumulative market share of these drive systems standing at 39.2 percent.
