Market: uncertainties slow down sales

IT CONTINUES TO BE HARD The effects of the pandemic continue to be felt in the market for new passenger cars in Switzerland and the Principality of Liechtenstein. Compared to the 2019 total, there is a shortfall of 56,812 vehicles. While the monthly declines are slowly diminishing, whether and how much of this shortfall can be made up over the remainder of the year [...]

New enrollments
With 22,641 new registrations in July, 2877 fewer cars hit the road than in June.

Although the monthly declines are slowly diminishing, it is currently questionable whether and how much of this shortfall can be made up over the remainder of the year.

Whether the cautious market forecast by auto-schweiz of 240,000 new passenger cars by the end of the year can still be achieved under these circumstances seems anything but certain at the moment.

Purchasing restraint in the face of economic uncertainties and rising infection rates could put a spanner in the recovery's works.

Delays in market launches

Christoph Wolnik of the importers' association auto-schweiz: "However, additional burdens resulting from higher CO2 sanctions for the current year are not acceptable to us. Because of the delays in market launches caused by the pandemic or the reduced allocation of electric models, many importers would have to drop their original CO2 targets."

There are hardly any premiums in Switzerland
Background: In many neighboring countries there are high premiums for the purchase of a new pure vehicle. In Switzerland, only a few cantons offer similar measures. The situation has been exacerbated by the Corona crisis, because the available numbers of units have been reduced by long plant closures.

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