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A good month of August equalizes car sales in Cordoba with those of the national market

Car sales at Cordoba increased by around 10% in August, as the group announced for ABC Córdoba Ethicsa Cordovan company that has dealerships in various regions of Spain dedicated to more than a dozen brands and that sells around 55% of the vehicles in the city. This increase is particularly positive because it is gradually joining the national figures, while in previous years there was a great disparity in this regard. This was stated by the deputy director of the group, Antonio Gil Ruiz.

Thus, in August, the increase in vehicle sales is parallel in Cordoba and Spainthat is, the aforementioned 10%, while in July Córdoba grew by about 3% and the Spanish market a little more, 5%. “These are very good data after years in which Córdoba was very uneven compared to the national figure, for example, in 2023, while Spain was growing between 5 and 10%, in Córdoba we were losing market”, says Gil Ruiz. , who clarifies that the data refer to both the individual market and the so-called non-rat market, that is, “without taking into account car rental operations that can distort the figures”. Cordoba This usually represents 1.2% of the national total, so in August, out of a hundred cars sold, 1.2 were in the capital or province.

Among the reasons that this expert considers for the recovery of the Cordoba market are, on the one hand, aging general of the car fleet, which tips the balance towards the purchase of new cars, on the other hand the change in trends that some Chinese brands generate thanks to their prices. An example would be MG, which “has opened up a lot of possibilities because we saw that after the pandemic, those who wanted to access a new vehicle for less than 20,000 euros were going to have a hard time finding possibilities, and yet with cars like With the MG ZS, you can have a new vehicle for 14,000 euros. The disadvantage of this type of car is that it negatively affects the second-hand market. In any case, for Gil Ruiz The phenomenon is positive for the consumer, since it has stopped the price hikes of many traditional brands.

Walk

In the absence of official data that will be published next week, the passenger car market during the month of July grew by 3.4%, with a total of 83,979 units sold, which maintains the upward trend of recent months. The improvement in sales to individuals allowed the market to gain momentum in the seventh month, according to figures managed by the Spanish Association of Automobile and Truck Manufacturers (Anfac), the Association of Official Dealers of Spain (Faconauto) and the National Association of Motor Vehicle Dealers, Repairers and Spare Parts (Ganvam). Despite this, the month of July was below 100,000 units, a figure that was traditionally recorded this month before the pandemic. In this sense, until the seventh month, 619,224 units were added, which, although 5.6% more than in 2023, is nevertheless 23.4% lower than the records of 2019.

In this sense, the person responsible for the Provincial Association of Workshops and Automobiles of Cordoba (Atradeco)José Manuel Rodríguez-Carretero, estimates that the data accumulated that month is equivalent to 1.86% in Córdoba in relation to private cars and SUVs, so in his opinion the outlook is not so rosy. “It must be taken into account that the Córdoba market is based on individuals, that is, on the family, and that the business sector is more residual, and that the tenant sector is even more residual, in both cases they are concentrated in large cities.” In Córdoba, the month of July allowed the registration of 609 private cars. As a month, this figure has only been exceeded so far in June, where 617 people registered.

However, based on these data and according to market trends, Rodríguez-Carretero predicts that August will be confirmed as a good month, since “this year, as in previous years, we do not experience a crisis in the cost of materials or supplies, with which we consider that the market is alive and we expect more growth in 2025“.

Electric passenger cars

For its part, the electrified passenger car market fell by 4% in July, with 8,242 units sold. This drop in sales caused the share of the electric and plug-in hybrid market in the overall market to fall to 9.8%. A figure even lower than that recorded in 2023, which stood at 10.6%. Over the whole year, the electrified vehicle market remains stable compared to 2023, accumulating 64,127 units and 10.36% of the total market. This market share suits both the manager Ethics like Atradeco, which they consider to be a stagnant sector and far from achieving its objectives.

The one that offers a more than acceptable panorama is the section of light vehicles. Light commercial vehicle registrations recorded a notable growth of 18.3%, with 14,931 units in July. In the first seven months of the year, a total of 100,355 new registrations were accumulated, 18.4% more than the same period last year.

Source

Maria Popova
Maria Popova
Maria Popova is the Author of Surprise Sports and author of Top Buzz Times. He checks all the world news content and crafts it to make it more digesting for the readers.
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