Market: Switzerland is on the right track

SELLS Following the positive first quarter with eight percent growth, the market for new passenger cars in Switzerland and Liechtenstein continued to strengthen in April. Manufacturers are getting a grip on the supply chains.

Car market
The new car market in Switzerland and Liechtenstein is recovering slowly but steadily.

The positive picture of the current year is reflected in the cumulative figures after the first four months, with 76,968 new registrations and market growth of 10.2 percent. The alternative drive systems together account for a market majority of 54.1 percent.

Auto Switzerland media spokesman Christoph Wolnik: "Looking at our list of brands, you can see almost only green signs in April compared to 2022. That means the recovery is broad-based and cuts across all price and vehicle classes."

Not yet like before the Covid crisis

At 18,149, the number of new enrollments in April was 16 percent higher than the previous year's level of 15,646, which at that time was heavily impacted by supply difficulties. However, the market level of the times before the Covid crisis has not yet been reached

Christoph Wolnik: "In an average April between the years 2000 and 2019, more than 27,500 new cars were registered. While we only reached two-thirds of that figure last month, there were just 9382 new registrations in April 2020. So reaching annual market levels of around 300,000 new passenger cars is not possible again until 2024 or 2025."

Alternative continues with growth

After four months, further growth in the market share of alternative drive systems is emerging, even if it is no longer as strong as in previous years. Electric, hybrid, gas and hydrogen engines together account for 41,620 new registrations and, at 54.1 percent, clearly represent the majority of new passenger cars. In the previous year, they were just below that at 49.8 percent.

New registrations of electric cars (13,625, +24.9 percent) and full and mild hybrids without the option of charging via the power grid (21,304, +21.3 percent) grew dynamically. Plug-in hybrids also increased (6648, +5.9 percent).

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