2023-10-04 17:53:44
Two days late due to DGT computer problems, the official registration figures for the month of September were published yesterday, Wednesday, with a total of 68,083 units. Although the market once again adds a positive figure, this ninth month has registered a lower growth rate than previous months, with an increase of 2%.
In the cumulative total of the year, there are already 711,380 units registered, 18.5% more compared to the previous year, but 15.8% lower than in 2019, prior to the pandemic.
By channel, sales to companies registered an increase of 4.9%, with 32,096 sales, while the individual channel, although lower than the pre-pandemic figures, managed to add 33,155 sales, with an increase of 9.4%. Renters fell 43.9%, with 3,552 units in September.
Registrations of light commercial vehicles achieved a growth of 15.5%, with 11,061 units. Until September, a total of 104,773 vehicles have been sold, which represents an increase of 20.6%. In sales by channel, only sales to self-employed workers registered a decrease of 11.2%, with 1,631 units. While both companies, with 8,231 sales, and rental companies, with 1,199 vehicles, increased by 22.1% and 20.3%, respectively.
In September, registrations of commercial vehicles, buses, coaches and minibuses reached a new monthly increase, with an increase of 0.5% and 2,338 units. In the total for the year, it accumulates 23,049 units, which represents an increase of 26.7% compared to 2022. By type of vehicle, industrial vehicles registered a decrease of 12.2%, with 1,705 sales, while buses, coaches and minibuses grow by 54.8% to 633 units.
According to manufacturers and dealer associations, political uncertainty and high interest rates have taken a toll on sales volume in the last month. The sector’s objective for 2023 is to reach 950,000 registered units, so in the last quarter it will be necessary to register about 200,000 units.
From Handy They evaluate these figures stating that “every month of the year has closed positively. But it is no less true that political uncertainty and a high interest rate scenario have had a dent in the volume. A market with close to 70,000 units for a month like September is not a great figure. In any case, the year continues to be positive with an increase of 18.5%. With these data and rising inflation persisting, we are not optimistic about reaching the 950,000 units planned for the end of the year.
Meanwhile, the dealer association Faconauto indicates that the market is growing this year because “there is more stock in the dealerships, the entry of cars into the dealerships has been regularized, and this, logically, translates into registrations. Looking ahead to the final stretch of the year, the fact that there is more stock in dealerships, that there are more cars available, will open good opportunities for buyers in the last quarter, but it will not be enough for us to change our forecast closure that we maintain between 930,000 and 940,000 registered units.
From Ganvam They point out that “passenger car registrations have gone through their particular September slope with one working day less than in September of last year, which influences the result of the comparison.” From this organization they face the final stretch of the year “with uncertainty, knowing that achieving a stable political scenario would contribute to not further weakening a market that will close the year around 25% below its natural volume.”
The average CO2 emissions of passenger cars sold in September remain at 116.7 grams of CO2 per kilometer traveled, 1.3% lower than the average emissions of new passenger cars sold in the same month of 2022. During 2023, Emissions stand at 118.2 grams of CO2 per kilometer traveled, 2.2% less than the same period of the previous year.
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