The automotive sector is experiencing a year of recovery. Sales of passenger cars and SUVs registered growth of 8% in August, with a total of 55,957 registered units.
According to Ideauto data for the employers’ associations Anfac (manufacturers), Faconauto (dealers) and Ganvam (sellers), the results for August have boosted the units sold by 20.5% in the first eight months of 2023, reaching 642,580 units. enrolled.
In light of these data, the Anfac spokesman, Félix García, qualified yesterday that although August has closed positively and that all the months of the year have exceeded the data of the previous year, it is not possible to “fall into conformity” because the market it is still more than 27% below 2019 levels, so the sector has yet to recover from the effects of the pandemic. In addition, García warned that the market has been growing for several months below the double-digit rate with which it began the year. “This leads us to think that inflation, high interest rates and the uncertainty of not having a government may slow down purchases in the last quarter of the year and jeopardize reaching the forecast of 950,000 that we have for the entire year,” he declared. .
By divisions, Ideauto data shows that from January to August all segments behaved upwards. Car deliveries in the private channel stood at 268,931 units, 15.2% higher. Companies acquired 259,107 units in the period, 15.5% more, while rental companies registered 114,542 units, 52.1% more.
From Faconauto, its spokesman, Raúl Morales, highlighted that the growth in the month of August and in the eight months of the year is “largely” due to the good performance of the individual channel, with 50% of total sales. Likewise, he celebrated the increase in electric vehicle registrations, which grew by 150% in August, but stressed that half of these registrations are from companies, which is why he called for individuals to buy more electric vehicles.
The Ganvam employers spoke in line with Anfac, calling for political stability: “The new government must implement the necessary measures to recover a market that in 2023 will close below one million units for the fourth year in a row,” said spokeswoman Tania Puche.
