Car sales continue in free fall despite aid: -21% in October

• Complex Get the aid of the Renove 2020, a long-distance race

• More expensive: the changes that 2021 will bring when buying a new car

The registrations of passenger cars and 4x4s continue without raising their head in Spain and, on the contrary, accentuate their fall month by month since the first state of alarm was left.

Thus, from the 1.1% that grew in July due to the effect of bagged operations, then there have been three successive falls in

This is clear from the data provided by the large associations in the sector (Anfac, Ganvam and Faconauto), which indicate that the accumulated market since January has totaled 669,662 registrations, with a decrease of 36.8%.

The reasons for the poor performance of the market during October are twofold.

One that has already been operating for months and

and that is making Spain the country of the EU among the large ones where it is costing the most for demand to recover.

The Moves II for electrified vehicles has barely lasted a sigh in Madrid or Barcelona, ​​the two great fishing grounds for this type of vehicle for which very little funds have been allocated, everything is said.

And as for the Renove 2020, it is being very slowed down by the complexity of the process to apply for the aid, since it requires the beneficiary to carry out the application through a digital certificate.

The electronic window for the latter was opened on October 20 and, although from the sector there was talk that there were 135,000 operations pending to enter the system, today what the Industry application says is that hardly any reservations have been made for a value of 27 million euros of the 250 million available.

And in passenger cars it is not even the nine million.

PRICE RISE THREAT IN 2021

In this way, to the vicissitudes of the rental companies due to the collapse of tourism;

and those of companies that do not see anything clear on the economic horizon, join the tribulations of individuals, who prefer to postpone their purchase for another time.

Even when the threat of a rise in car prices in 2021 hangs, if the Government does not modify the taxation of the Registration Tax so that it neutralizes the increase in the CO2 emissions data derived from the application of the WLTP measurement protocol.

Thus, the RAC channel decreased 46.2%, that of fleets did so by 15.5% and that of individuals, 25.5% during the month of October.

Regarding the results by manufacturers,

respectively.

As for the most successful models, the

was the most demanded in October (2,379 cars) and the

is first in the 10 months that we have in 2020, with 18,615 units.

According to the criteria of The Trust Project

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