Sunday, May 26, 2019

Vehicle registrations down in April

Vehicle registrations has come down in almost every category in April due to the new year, Easter holidays and subsequent turmoil in the country post Easter Sunday bombings.

The total motor cars registered recorded 2,120 units in April down from 2,961 units in March and significantly down from 6,160 units 12 months ago.

Brand new motor car registrations recorded 309 units in April down from 422 units in March and significantly down from 866 units 12 months ago. Small cars accounted for 87.4% of total registrations. Suzuki/Maruti accounted for 106 units, Celerio 36 units, Wagon R 69 units followed by Perudua recording 58 units. Financing share was 53.1% in line with the normal monthly average.

Pre-owned cars recorded 1,811 units in April down from 2,539 units in March and significantly down from 5,294 units 12 months ago. Small cars accounted for 94.1% of total registrations in this segment. Toyota is the segment leader accounting for 1,099 units – Vitz 986 units followed by Suzuki recording 515 units – Wagon R 336 units. Financing share was 54.5% in line with the normal monthly average.

Premium cars recorded 69 units in April significantly down from 160 units in March and 189 units 12 months ago. The brand-new segment accounted for 29 units of which Mercedes Benz accounted for 25 units – C class 20 units (many of them may have been imported on permits). The preowned segment recorded 40 units of which Mercedes Benz accounted for 12 units - C class 8 units and Audi recorded 20 units – A1 11 and A3 7 units.

Electric cars recorded a mere 2 units in April similar to the 2 units recorded in March but down from 9 units recorded 12 months ago.

SUVs recorded 432 units in April down from 488 units in March but up from 408 units 12 months ago. Brand new recorded 264 units and pre-owned the balance 168 units. MG was the category leader accounting for 96 units followed by Honda with 82 units, CR-V 65 units, Toyota with 72 units, C-HR 58 units and Mitsubishi with 46 units, Expander 34 units. In the premium SUV segment Range Rover recorded 24 units of which Sports accounted for 17 units. Financing share was 46.3% which was in line with the normal monthly average.

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