Used diesel vehicle business – which represented 58.7% of business in April – fell 18.9% over the past month
Alternative fuel and energy vehicles are the only ones giving a pause in the buying and selling of used goods, which, ravaged by the microchip crisis, closed the month of April with significant declines across all segments and ages.
Sales of second-hand passenger cars and SUVs registered a 17.3% decline in April compared to the same month last year, bringing three consecutive months of declines due to the impact of the microchip crisis.
Specifically, according to data from the employers of Faconauto dealers and Ganvam distributors, the number of used vehicles sold in April was 134,005 and this year, the number of used vehicles has decreased by 5.3% to 586,574 units so far.
In an analysis by age group, all age segments, without exception, showed a negative sign, with sales of models between one and three years of age recording the largest decline in April, with a decline of 46.3% due to the lack of inventory due to the impossibility for companies and rental companies to renew their fleet and thus feed the second-hand market with an offer of these young vehicles.
Used car sales by businesses and rental companies declined 31.3% and 44.7% in the past month. Only the import channel -with 6.7% of the operations- grew by a total of 8,999 units in April, an increase of 48.3%.
Sales of vehicles older than 15 years, in which the market still holds up at 38.5% of business, reversed the trend in April and fell 4.2% to 51,646 units. For their part, the business with models between 10 and 15 years old decreased by 27.1% to 31,310 units sold.
The decline in sales of these models over ten years old is largely due to the fact that inter-individual transactions — starring these older vehicles as the main protagonists — fell by 26.6% in April, the two employers’ organizations said.
In terms of energy sources, data from employers in the sector still shows a decline in traditional engines. For example, used diesel vehicle operations – which accounted for 58.7% of operations in April – shrank by 18.9% in the past month; while those of gasoline, for their part, fell by 19.1% to 47,707 units, a concentration of 35.6% of the total. Overall, the declines are moderate, softening the decline in sales of used diesel and 6% that of gasoline to 7.4%.
In terms of alternative powertrains, pre-owned all-electric models grew 64.3% in April to 1,124 units. These models, although they still represent barely 0.7% of the market, recorded a 54.3% increase in the first quarter to 4,138 units.
On the other hand, diesel/plug-in electric vehicles registered a total of 127 units sold (+42.7%) in the last month, compared to 1,325 units of petrol/plug-in electric vehicles (+78.6%). In total, they record an increase of 119.5%, with 709 units, and 65.8%, with 4,077 units, respectively.
Source: La Verdad
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
