Market: Encouraging figures in the used car trade
In the first year after the abolition of the minimum euro-franc exchange rate, new car buyers have come to terms with the unstable and short-term volatile conditions. With 71,957 newly registered vehicles (-318 cars, -0.4 %), the first quarter of 2016 can therefore be considered satisfactory. The figures for the used car trade are significantly better. With 213,525 changes of ownership, [...]
The figures for used cars are significantly better. With 213,525 changes of ownership from January to March 2016, a total of 7,151 more vehicles changed hands (+3.5 %) than a year earlier. Despite this, the average time a used car was on the road rose to 99 days (+5.3 %), as the supply also increased significantly by 11.1 %. The reason for this is the good new car sales from the previous year, which were mostly made as replacement purchases. Despite rising demand, dealers therefore need more time to sell the additional used vehicles.
Alternatively powered passenger cars are on trend
Although the new car market was slightly negative overall compared to the previous year, demand for alternatively powered passenger cars with hybrid, electric, gas or E85 engines rose again by an impressive 10.4 % from January to March! Their market share is now 4.3 %. In terms of unit sales, hybrid vehicles (petrol/electric) dominate with 2112 cars sold (+18.5 %), although purely electrically powered new cars have now also clearly proven their practicality (773 cars, +37.5 %). Sales of 4×4 vehicles (+8.2 %, market share: 43.1 %) and passenger cars with diesel engines (+1.6 %, market share: 39.4 %) are also reaching new record levels. An overview of the top 10 brands for Switzerland and the Principality of Liechtenstein can be found here...
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Photo & graphic: Eurotax/Archive
