The automotive market grew by 18.1% in the first seven months of 2021 year-on-year but compared to 2019 it fell by 34.2% revealed the automobile association of Portugal (ACAP) on Monday.
“In the seven months of 2021, 113,541 new vehicles were registered, which represented a decrease of 34.2% compared to the same period of 2019, although the comparison with 2020 shows an increase of 18.1%”.
In monthly terms, there was a drop even compared to 2020, ACAP indicated, pointing out that “in July 2021, 14,219 motor vehicles were registered, 34.7% less than in the same month of 2019 and 21.4% less when compared to July 2020.”
With regard to cars, between January and July, “93,768 units were registered, which translated into a negative variation of 36.2% compared to the same period of 2019”, while “in comparison with the seven months of 2020, the market registered an increase of 17.1%”.
On the other hand, in the month of July, “12,323 new cars were registered in Portugal, that is, 33.2% less than in the same month of 2019”, with the “market also registering a 19% drop compared to the same period of the previous year”.
As for the light goods market, in cumulative terms, 16,931 units were recorded, “which represented a decrease of 23.6% compared to the same period of 2019 and an increase of 19.6% compared to the same period of 2020”. In July, this segment achieved a “negative evolution of 48.3% compared to the same month of 2019, standing at 1,622 units registered”, and “when compared to the seventh month of 2020, there is also a decrease of 35.9%”.
Finally, with regard to heavy vehicles, in the first seven months of 2021 “registrations totalled 2,842 units, which represented a market decrease of 13.7% compared to the same period of 2019 and an increase of 50.1% when compared to the same period of 2020,” ACAP advanced.
In parallel, in July 2021 “274 vehicles were registered in this category, which represents an increase of 26.3% compared to the same month of 2019, but compared to July 2020, the market registered a drop of 24.5%”.