Economy & Politics

4,073 vehicles registered in September

After a slight rebound in July and a month of August which sounded the bottom, the Luxembourg automobile market recovered a little health last month. Enough to bring back a smile to the players in a sector heavily impacted since the spring.

After a slight rebound in July and a month of August which sounded the bottom, the Luxembourg automobile market recovered a little health last month. Enough to bring back a smile to the players in a sector heavily impacted since the spring.

(DH) – If the figures for new car registrations in Luxembourg, in July (5.509) and August (3.671) had returned to levels comparable to those of 2019, they did not show a return to normal. Those for the month of September, on the other hand, show, according to the Federation of Automobile Distributors and Mobility (Fedamo) a clear increase to reach 4,073 vehicles, is 765 more registrations than last year. In other words, a better 23.1% compared to the same period of 2019 and even 56.9% compared to 2018.

Could this be the start of a catch-up phenomenon after sales were blocked when outlets were closed during containment? Anyway, the 34,046 units accumulated from January to the end of September still represent a significant decrease of 20.9% compared to 2019, and 19.6% compared to 2018.

This decrease is to be compared with the euro area figures which report a decline of about 33%. Registrations fell in particular in the countries of southern Europe with declines in the order of 40% in Italy, Portugal and Spain. For border countries, the decline is close to 30%.

Regarding the different types of engines, gasoline and diesel are still in the majority with 46% for the former and 37.4% for the latter. Electric vehicles represented 4.3% of total registrations at the end of September, while hybrid engines accounted for 12.2%.

Ultimately, on more than 431,000 vehicles currently registered, according to the figures given in a parliamentary response on September 21, during the first eight months of 2020, around 1,200 electric cars were registered in the Grand Duchy (990 in 2019).

Recall in this regard that the bounty that a buyer of a 100% electric car can ask the State for amounts to 8,000 euros. It is valid for any car purchased between May 2020 and March 2021. In fact, the environment administration has already granted bonuses for 560 electric vehicles over the past eleven months. At the same time, 184 bonuses amounting to 2,500 euros were granted for the purchase of a hybrid vehicle.


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