slight increase in new car registrations in May

slight increase in new car registrations in May
slight increase in new car registrations in May

New car registrations in May recorded an increase of 0.2% compared to the results recorded last year at the same time. Over the first five months, registrations for 2021 are up 14.2% with 191,265 units registered against 167,464 in 2020, the Febiac sector federation announced on Tuesday. 34,836 new cars were registered in May.

However, these monthly and cumulative results remain well below those observed in 2019 before the Covid-19 pandemic (monthly decline of 31.8% and cumulative decline of 26.6%). These results illustrate both a decline in the market as well as production difficulties linked to concerns about the supply of spare parts.“, explicate Febiac.

The new light commercial vehicles segment recorded a 4.7% improvement in registrations in May compared to the same period in 2020 (6,021 units).

The new motorized two-wheeler market recorded an increase in registrations in May (+ 9%), which enabled it to announce a cumulative result up + 32.8%, with 12,466 units sold in 2021. . “The motorcycle market therefore seems to continue to grow in the face of 2020, but it has not yet returned to its 2019 level (-2%), which remains the most relevant comparison period, mainly due to delivery problems. encountered by several brands and models“, emphasizes Febiac.

Source

slight increase car registrations

 
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