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In November, the Swiss passenger car market remained at the previous year’s level

Frankfurt, 17.12.19

Infographic Switzerland

Shortly before the end of the year, the Swiss passenger car market is once again robust. Although just under 24,000 registered passenger cars represent an overall market decline of 0.4%, the YTD result is still above the previous year’s level (+ 1.5%). By contrast, registrations of light commercial vehicles fell sharply (- 19.5%).

 

Swiss passenger car market in November 2019

With an increase of 1.1%, the Private Market closed the third month in a row on a positive note. By contrast, commercial registrations fell by 2.1% year-on-year, resulting in an overall market decline of 0.4%.

 

The True Fleet market can also look back on a successful November. More than 5,100 registrations meant a growth of 1.6% compared to the previous year. This was the third consecutive month in which the number of company registrations rose. While registrations of car rental companies also rose by 16.7%, registrations of Dealer/Importer fell by 12.8%.

 

True Fleet market: Tesla, Porsche and Audi with significant growth

As in the previous month, two thirds of the top 15 importer brands benefited from the positive development of the True Fleet market. Tesla (+ 377.8%) achieved the highest growth, ahead of Porsche (+ 353.3%) and Audi (+ 41.6%). At model level, the Skoda Octavia remains the undisputed No. 1 fleet model despite a decline of 14.4 % year-on-year. However, the Renault Megane (+ 215.6%), the Audi A4 (+ 214.8%) and the BMW 3 Series (+ 142.3%) recorded the highest growth rates.

 

 

Light commercial vehicles with losses

The number of registrations of light commercial vehicles up to 3.5 t fell sharply in November (- 19.5%). While the Private market fell by 12.9% year-on-year, commercial registrations were hit even harder (- 20.4%). In particular, the True Fleet market (- 21.6%) and Dealer/Importer registrations (- 16.7%) recorded significant declines. Only registrations on rental companies increased year-on-year (+ 3.3%).

 

The developments in the True Fleet market are also reflected in the performances of the various brands. Within the top 10 importer brands, only Iveco was able to show a slight increase (+ 0.8%). Mercedes delivered most of the light commercial vehicles to Swiss companies last month. Within the top 10 models, the Ford Transit Connect (+ 16.4%), the VW Caddy (+ 2.9%) and the Iveco Daily (+ 0.8%) recorded a growth compared to the same month last year.

Publication only with indication of source (Dataforce).

DATAFORCE - Focus on Fleets
Dataforce is the leading provider of fleet market data and automotive intelligence solutions in Europe. In addition, the company also provides detailed information on sales opportunities for the automotive industry, together with a wide portfolio of information based on primary market research and consulting services. The company is based in Frankfurt, Germany.

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