The Swiss passenger car market continues to recover

Frankfurt, 13.11.19

After the significant growth in September, the recovery of the Swiss passenger car market is continuing in October. Nearly 25,800 registered passenger cars represent total market growth of 13.5%. Registrations of light commercial vehicles also increased by 7.8%.

  

Swiss passenger car market in October 2019

Both the private market (+ 11.8 %) and the commercial market (+ 15.6 %) can look back on a strong October, leading to a plus of 13.5% for Switzerland’s Total Market.

 

The positive picture also continued within the commercial sub-channels: The True Fleet Market grew by 13.7% in October, however this means that fleet registrations on Swiss companies are currently still 3.6% down looking at the year-to-date figures. There was particularly strong growth in registrations from the channel of car Rental Companies, which more than doubled their registrations compared to the same month last year (+ 157.6 %). The overall positive picture was rounded off by the growth in registrations from the Dealer/Importer channel (+ 8.4 %).

 

True Fleet Market: Seat, Porsche and Citroen grow fastest

The positive development of the True Fleet Market also made itself felt at brand level and as a result, two thirds of the top 15 importer brands grew in the month of October. SEAT achieved the highest growth (+ 214.1 %), with the Leon, Tarraco and Ateca models, in particular, finding their way into Swiss fleets. Porsche’s + 158.0 % was driven by the Cayenne and Macan while at Citroën their + 85.8 % push was mostly the C1 and C5 Aircross.

 

Light commercial vehicles continue to grow

Despite a significant decline in the private market (- 16.1 %), registrations of light commercial vehicles up to 3.5t continued to grow in October (+ 7.8 %). The commercial market received a special boost from the more tactically interpretable sub-channels of Rental Companies (+ 164.9 %) and the Dealer/Importer Channel (+ 20.3 %), which decisively supported the positive overall market development, alongside the slightly more sedate increase from the True Fleet Market (+ 8.1 %).

 

Iveco achieved the highest growth of the top 10 importers in the True Fleet Market (+ 42.5 %). Second place in terms of growth went to Ford (+ 26.0 %), which delivered the highest volume of light commercial vehicles to Swiss companies in October. Citroen (+ 20.4 %) aroused the interest of Swiss fleet operators particularly with the Berlingo (+ 62.5 %) and Jumpy (+ 36.4 %) models.

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.