Car market falls 10.1% in September with 16,534 vehicles registered

  • ECO News
  • 2 October 2018

According to the Portuguese Automobile Association (ACAP), the Portuguese car market registered a 10.1% drop in comparison to the performance of the sector in the same month last year.

The Portuguese car market registered a drop of 10.1% in September, compared with the same month of 2017, with 16,534 vehicles registered in across the country, according to figures from the Portuguese Automobile Association (ACAP).

According to ACAP, in September, 16,534 motor vehicles were registered by legal brand representatives in Portugal, or 10.1% less than in the same month of the previous year, after an increase in August related to “bringing purchases forward due to the transition to a new test cycle (WLTP) with an impact on the measurement of CO2 emissions.”

By category, 12,771 light passenger vehicles were registered in September, 14% less than in the same month of last year. With regard to the light commercial vehicle market, there was an increase of 4.8% compared to the same month, with 3,148 units registered.

The market for heavy goods vehicles, which includes passenger and freight vehicles, increased by 17.4% year-on-year, with 615 vehicles sold.

However, ACAP noted that in the period from January to September this year, 214,941 new vehicles were put into circulation or a year-on-year increase of 6.0%.

For the year so far, registrations of light passenger vehicles totalled 182,677, or growth of 6.5% over the same period of 2017.

The commercial vehicle market reached 28,247 units in accumulated terms, an increase of 3.9% over the same period of the previous year, while heavy vehicles totalled 4,017 units, a decrease of 0.2% over the same period of 2017.

Source: Lusa