The improvement in production speeds makes it possible to respond more quickly to orders from dealers. However, employers in the sector still feel that the recovery is very slow.
Registrations of passenger cars and SUVs in the Basque Country they have risen to 2,374 units in the month of May, representing an increase of 10% Respect for the same month of last year. This is the fifth consecutive month of positive data and it is even higher than the 8.3% (92,025 units) recorded in Spain. In the case of Navarra, the increase is 0.2% (629 registrations).
This positive data is due to the improvement in production rates, which allow faster response to orders from dealers, mainly car rental companies and companies driving the numbers, according to data from Anfac (manufacturers), Faconauto (dealers) and Ganvam (sellers).
The accumulated figure in Euskadi since the beginning of the year shows an improvement of 15.9% with 10,014 vehicles registered, and in Navarra of 19.1% with 3,018 vehicles. The evolution of the national average, on the other hand, better reflects accumulated data, with an increase of 26.9%, being 404,337 registered vehicles.
However, the sector is observing “with concern” retail sales, which are still a third below pre-pandemic levels. These sales reached a total of 36,495 units in Spain in May, representing a growth of 5.3% compared to 2022, but a decrease of 33% compared to 2019.
Registered with this number in May, chains positive for five months, with an accumulation of 404,337 units, 26.9% more than the same period of the previous year, although the data is still 28% lower than sales in 2019, before the pandemic. In this sense, Raúl Morales, Communications Director of Faconauto, maintains the feeling that the recovery is very slow.
Félix García, Anfac’s director of communications and marketing, expects sales to be around 950,000 by the end of the year, 25,000 more than the manufacturers’ association’s most optimistic forecast in January.
However, he has called for caution: “Citizens’ and businesses’ uncertainty about which car to buy is still latent and all the more so now, with the call for general elections usually crippling economic activity.”
“We see that the private market has not yet started and is waiting to see what happens not only in the elections, but also if inflation can be controlled and interest rate hikes stabilize. The latter makes financing a new vehicle , which is the renewal of a fleet that is more than 14 years old,” he said.
CO2 pollution
The average CO2 emissions of passenger cars sold in May amounted to 117.4 grams of CO2 per kilometer travelled, 3.7% lower than the average emissions of new passenger cars sold in the same month of 2022.
So far in 2023, emissions are 118.7 grams of CO2 per kilometer traveled, 1.61% less than the same period of the previous year.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
