Market: Rising sales in September
The new car market in Switzerland and the Principality of Liechtenstein got off to a subdued start in the third quarter (July: -13.7%; August: -6.4%), albeit in line with expectations. In September, sales turned positive again for the first time since February (+8.3%), reducing the year-to-date decline to 3.1%. A total of 232,183 new cars were sold from January to September [...]
A total of 232,183 new cars (-7410 passenger cars) were sold from January to September. The market analysts at Eurotax Switzerland have therefore raised their estimate for the year as a whole to 315,000 new registrations, which would correspond to a slight decline of 2.5% compared to the previous year. The used car market closed its third quarter of sales slightly negative: thanks to good figures in the first half of the year, the nine-month statistics nevertheless showed a plus of 2.1%. A total of 652,062 vehicles changed hands (+13,633 cars). By the end of the year, Eurotax anticipates a further slight slowdown to a total of 875,000 changes of ownership (+1.5%), with the number of days on the road remaining high (currently: 99 days, +4.2%).
Difficult conditions for garage owners
Urs Wernli, Central President of the Swiss Automobile Industry Association (AGVS): "The economy remains susceptible to setbacks, which always indirectly affects the development of the Swiss automotive industry. Our members have been operating under difficult conditions for years and are able to hold their own in the ongoing cut-throat competition by providing high-quality advice and services."
www.agvs.ch
www.eurotax.ch
Photo: Wek
