RECESSION

New car sales fell 18.7% so far this year

Photo: Pixabay.

In July 2020 the number of new passenger cars registered was 9,101

The coronavirus crisis is having devastating effects on the economy. And car sales - one of the best thermometers to measure the progress of a country - also reflect that sharp drop in activity and consumption.

According to the latest figures released by Statistics Finland, in the January to July period of 2020 a total of 103,053 vehicles were first registered. Compared to the year before, there was an decrease of 12%.

In the case of passenger cars, the fall is even greater. The number of passenger cars first registered in the January to July period was 56,488, which is 18.7% down from the year before.

The most common passenger car makes first registered in the January to July period were Toyota, Skoda and Volkswagen.

Source: Statistics Finland.

Slight improvement in July

However, the figures improved slightly in July. A total of 15,480 new motor vehicles were registered, of which 10,075 were automobiles. First registrations increased by 4.7% from the corresponding month of the previous year.

The number of new passenger cars registered in July was 9,101, which was 1.3% down from the year before.

The share of new diesel-driven passenger cars was 13.4%.

These data are based on the Traffic Affairs Register of the Finnish Transport and Communications Agency (Traficom). The numbers are exclusive of the vehicles on the Åland Islands.