The market is sharpening

In June, 949.7 thousand new cars were placed on the market in the European Union, 22.3 percent less than the 1.223 million a year earlier. However, the rate of decline improved from May, when it was still 52.3 percent lower than a year earlier.

In June, the number of marketing in all EU member states fell short of the previous year - with the exception of France, where growth was 1.2 percent. The increase in France can be attributed to the government’s incentives to sell low-emission models introduced in June.

Of the larger national markets, marketing was 36.7 percent lower in Spain, 32.3 percent in Germany, and 23.1 percent in Italy than in the previous year.

In the first half of the year, the number of new cars placed on the market in the EU fell by 38.1 percent. The largest decline, 50.9 percent, was recorded in Spain, and the second largest was recorded in Italy, 46.1 percent. In France, 38.5 percent and 34.5 percent fewer cars were placed on the market in the first half of the year than in the first half of 2019.

In Hungary, 10.4 thousand cars were registered in June, 23.7 percent less than the 13.6 thousand in June last year. In the first half of the year, the number of cars on the market decreased by 25.3 percent to 55.6 thousand from 74.5 thousand in the previous year.

(Source: vezess.hu / photo: pixabay.com)