Monday , January 18 2021

Number of new cars dropped significantly – analysts do not like to foresee



According to the consulting firm, the number of new automobile registrations fell to 1.015 million in October. The number of records in October last year was 1,094 million. Falling sales have pushed for this and other years to reduce growth forecasts for the auto industry in the region.

The new WLTP was released on September 1 and started to prevent automobile manufacturers such as Volkswagen and Renault from offering some car models.

"Although most vehicles stopped in September by WLTP, it will take a while before seeing the sales growth," said LMC Automotive analyst David Oakley.

LMC Automotive to 2018 Automobile sales increased from 14.5 to 14.41 million. car. In 2019, according to company estimates, 14.54 million will be sold. car.

According to estimates made by LMC Automotive representatives, forecasts take into account the slowdown in the economic growth of some major markets.

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