Market: hope for the fall
STILL SCWACH The downturn in the Swiss car market triggered by the coronavirus crisis continued in May. Only 13,890 new cars were registered last month. That is 50.5 percent fewer than a year earlier. After the 67.2 percent drop in April, the reopening of the showrooms on May 11 has not yet [...]
This is 50.5% less than a year earlier. After the 67.2% drop in April, the reopening of the showrooms on May 11 has not yet had a noticeable recovery effect.
Since the beginning of the year, the Swiss car industry has seen a 38.9% shortfall in new car registrations compared to the previous year. An improvement is probably only in sight for the second half of the year.
Noticeable reluctance to buy
Media spokesman Christoph Wolnik from the importers' association auto-schweiz: "The brand dealerships of our members are happy to finally be able to welcome customers back into their showrooms, but the reluctance to buy is naturally noticeable."
Although demand for automotive mobility has increased as a result of the pandemic, this is not necessarily the case for the new car market.
Used cars and car subscriptions
Christoph Wolnik: "First-time or repeat buyers tend to look around for used cars or want to test out what life with their own vehicle feels like with a car subscription."
auto-schweiz does not expect new car registrations to pick up again until August or September at the earliest.
