Portuguese car market down 50% for the fourth consecutive month

Portuguese car market down 50% for the fourth consecutive month


ACAP – Associação Automóvel de Portugal adds in a statement that in June 2020, 13,678 vehicles were registered by the legal representatives of the brand operating in Portugal, that is, 54% less than in the same month of the previous year, which happens for the fourth consecutive month. Despite the fact that the Portuguese market was one of the first to open in May, it registered the second biggest decline of all European Union countries.

In the first half of 2020, 78,001 new vehicles were put into circulation, which represented a year-on-year decrease of 48.2 percent.

By categories and types of vehicles, ACAP notes that in the sixth month of 2020, 11,076 new light passenger cars were registered in Portugal, that is, 56.2 percent less than in the same month of the previous year.

In the first six months of the year, passenger car registrations totaled 64,848 units, which translated into a negative variation of 49.6 percent compared to the same period in 2019.

The light goods market registered an unfavorable evolution in June 2020, having decreased by 36% in relation to the same month of the previous year, standing at 2,347 registered units.

In cumulative terms, in the period from January to June 2020, the market reached 11,622 units, which represented a 38.9 percent drop compared to the same period last year.

With regard to the heavy vehicle market, which includes types of passengers and goods, in the sixth month of 2020 there was a drop of 67 percent in relation to the same month of the previous year, with 255 vehicles being sold this category. From January to June 2020 enrollments totaled 1,531 units, which also represented a 50.3 percent drop in the market compared to the same period in 2019.

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