openPR Logo
Press release

Switzerland: Tactical registrations bolstered total passenger car market

Switzerland: Tactical registrations bolstered total

Passenger Cars: Tactical registrations kept up the overall market demand
While the Private Market fell by 1.9%, commercial passenger car registrations grew notably by 18.2% over April 2018, resulting in a plus of 6.1% for the Total Market. A detailed look at the various commercial registration channels helps to classify this development correctly:

Almost 5,300 registered company cars in April 2019 represent a further minus of 12.2% for the True Fleet Market compared to the corresponding prior year’s month. Furthermore, this also led to the 11th consecutive monthly minus for the fleet segment.

With a plus of 146.1%, registrations of Short-Term Rental companies were the main growth drivers within the commercial channel in April. With more than 6,900 units since January 2019, the number of cumulated new car registrations stood slightly above prior year’s April result (+ 0.8%). Considering the weak start to the current year, we can certainly speak of catch-up effects within this segment. Moreover, the growth of tactical registrations by Dealerships and Manufacturers continued with April’s numbers increasing significantly (+ 36.7%).

LCV market clearly on the upswing
With a growth of 14.8%, the LCV market (Light Commercial Vehicles up to 3.5t) kept up its positive trend. The True Fleet Market was up by 5.6%, while registrations of Rental companies (+ 68.0%) and Dealerships and Manufacturers (+ 42.5%) also increased. The Private Market completed the positive result for April growing by 34.0%.

A more detailed look into True Fleets’ model ranking shows that the VW Transporter (+ 7.7%) was the most registered model in April 2019 followed by the Ford Transit Custom (+ 73.4%) and the Iveco Daily (-1.7%).

(272 words; 1,718 characters)

Publication by indication of source (DATAFORCE) and author (as listed below) only

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.

Christian Spahn
Dataforce Verlagsgesellschaft für Business Informationen mbH
Hamburger Allee 14
60486 Frankfurt am Main
Germany

claudia.articek@dataforce.de

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Switzerland: Tactical registrations bolstered total passenger car market here

News-ID: 1750554 • Views: 574

More Releases from Dataforce Verlagsgesellschaft für Business Informationen mbH

What is the Dataforce Sales channel outlook for 2021?
Following a contraction of around 26% in 2020 things can only get better. But how fast will the recovery be and what is the outlook for the channels? Slow start, rev up We expect the first half year of 2021 to remain rather challenging. Strict Containment measures will probably need to be maintained into spring, which will weigh down economic sentiment. At the same time, early 2021 may not be the best
Generation change at Dataforce: Marc A. Odinius now sole owner and Managing Dire …
The long-standing Managing Director Marc Odinius has acquired all shares of the Dataforce Verlagsgesellschaft für Business Informationen mbH and is now Managing Director and sole owner of the Company. Mission of Dataforce As to the mission of the automotive data- and market-research company, with 87 Employees, counting 27 different nationalities who reside in Frankfurt, Rome and Beijing, Odinius stated: Dataforce is always in search of unique information which will make the automotive
UK True Fleet continues to contract, finishing Q2 without a positive month
Now with the first half of the year having gone by in a blur of negative growth we can only hope that the second half will bring some more positive momentum especially around the plate change month in September. UK True Fleet produced a - 7.2% in June which leaves the channel down 6.2% year-to-date (YTD). The Private Market was also in the red with a 4.8% which
Swiss car market turns into the red on sharp contraction in June
In June 2019 new passenger car registrations in Switzerland were down sharply on the same month last year. Nearly 28,000 registered passenger cars represent an overall market decline of 11.2%. Registrations of light commercial vehicles fell even more sharply (11.9%). Weak June causes passenger car market to fall below previous year's level Both the Private Market ( 13.9%) and the commercial market ( 8.4%) can look back on a weak

All 5 Releases


More Releases for April

FinTrack: April 2019
FinTrack: April 2019 FinTrack showcases the latest innovations from financial services providers around the world. Each innovation is assessed and rated on key criteria, providing you with valuable insight. The provision of financial services is constantly evolving, with new technology having a particularly significant impact. Innovations such as digital delivery, AI, biometrics, and robo-advice are enabling providers around the world to offer new and improved services to customers that will improve the
Feast from the East April 2017
Savour your taste buds with the exotic gourmet delicacies of Bengal at the “Regional Corner”, Bayview, Hotel Marine Plaza on 10th April 2017, 7.30pm onwards. Enliven your taste buds with delicacies personally chosen from Kolkata by our Executive Chef Khitiz Shekhar like: Dal Maach, Ol Dalna, Sukto,Cholar Dal, Mishti Pulao, Vegetable Chop, Chaler Payesh, Chena Malai Sandwich, Mishti Paan and many more...... Treat your family and friends to a special and
Blaise Rosenthal | Mirage | April 1
Mirage Featuring: Blaise Rosenthal Show Runs March 26 - May 21, 2016 Reception: Friday, April 1, 5-8pm In first solo exhibition Blaise Rosenthal's acrylic and charcoal works reveal subtle forms with layers of intricate construction. A straight crisp line, a clear division of light and dark, cuts across a rich surface formed by two asymmetrically scaled canvases. This singularity, however, does not exist. It is a greater sum of parts. Washes of acrylic media
April in Paris
WHAT: There’s nothing like April in Paris. The city is awash with the color of cherry blossoms and daffodils, and while there is a slight chill, love is in the air. On Saturday, April 21st, 2012 from 12:00PM to 5:00PM, The Wine ConneXtion, located in North Andover, MA will transport guests to the city of lights with “April
April 25, 2011
The world leading AIDS experts will gather for the 2012 ISHEID conference in Marseille, France, May 23-25, 2012. The general AIDS conference theme will be ‘From Universal HIV Testing to HIV Cure’. Neuilly-sur-Seine, France, April 25, 2011 -- The ISHEID, for ‘International Symposium on HIV & Emerging Infectious Diseases’, is the biennial world leading conference in the fields of HIV & Emerging Infectious Diseases. Organized by an independent group of recognized
FAME - The Musical Auditions are April 10th and April 30th
Who: bergenPAC, the renowned, state-of-the-art performing arts center located in the heart of downtown Englewood is expanding its prestigious beyondEDUCATION program to include three new premier classes throughout the year and the summer. Joining the highly successful beyondDANCE, the beyondSTAGE, beyondRECORDING and beyondTHEATRE classes hit the stage to round out the arts education program, which offers top quality programming to families and children to stimulate learning and spark creativity and imagination.