The delicate economic situation slows vehicle registrations to 1%




Registrations of passenger cars and SUVs do not achieve the expected boost in the automotive sector, which in January only managed to exceed January 2021 sales by just 400 units and 1% growth.

They close the month with 42,377 units, but this growth is compared to a month in which the Covid-19 pandemic converged with the historic snowfall Filomena, which had populations such as Madrid blocked for almost two weeks of the month. The data for January 2022 is better than its predecessor, but it is the second lowest in the historical series since 2000.

In the first month of 2022, the automotive sector continues to suffer from the lack of microchips, which fundamentally reduces the available stocks of vehicles and the economic crisis derived from the pandemic, given that the recovery is not general and is taking longer in some sectors than in others.

The channel that cuts its sales the most compared to the month of January of last year is that of renters, which reduces its purchases by 64.4% compared to the first month of 2021. Sales to individuals grow by 13.3%, up to 21,567 units and the business channel grew by 4%.

Light commercial sales fall 27.3%

In January, 6,939 light commercial vehicles were registered, 27.3% less than in the same month of 2021. The most affected segment is that of vans, with a drop of 34.6%, to 2,066 units. The most affected channel is that of the self-employed with a drop of 41%, to 1,664 units.

Regarding the registrations of industrial vehicles, buses, coaches and microbuses, these were the only ones that grew in the first month of 2022, with a rise of 14.5%. Heavy industrial vehicles increased their sales by 16.6% and trucks by 21.3%. They are the segments that grow the most with the permission of the microbuses, which increased their deliveries by 85% but with much lower volumes.

According Raul Morales, communication director of the employers’ association that integrates the associations of official dealers of automobile brands
, «it is true that we do notice a timid improvement in the commercial activity of the dealers, but we also perceive that there are customers who do not see clearly the recovery of their domestic economy, so the option of acquiring a vehicle, in many cases , is postponed”.

From the Manufacturers Association
they attribute these not very positive figures to a bad economic situation. Your Director of Communication Naomi Navas explains that “greater tax pressure on renovation complicates the situation, retracts the consumer and penalizes decarbonisation. We cannot consider that these figures are adequate for the sector in Spain because they are far from being the strong market that corresponds to us. In this way, the industry is weakening and not only cannot contribute to the recovery of the economy, but also runs the risk of losing the relevant position it holds in terms of GDP and quality employment in Spain.

According to the Communications Director of
, Tania Puche, «for the second consecutive year, we started the year below 50,000 units, which is half the volume of monthly registrations that corresponds to our market by level of motorization, population and per capita income. Taking into account that the coming months will continue to be marked by shortages of semiconductors and disruptions in the supply chain, we can classify 2022 as a year of transition.” In this sense, from this Association of Vehicle Sellers they consider that it will not be until 2023 when, in principle, the barrier of one million registered units can be overcome.

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