Passenger car sales 2022, worse results even than in 2020

2022 car sales

Our sales of cars and SUVs they have not been exactly good in the already completed year 2022. According to ANFAC data, during the past 2022 a total of 813.396 units were registered, which represents a 5,4% decrease if we compare with the previous period. In fact, surprising though it may be, it is a figure lower than that of 2020; year clearly marked by the Covid-19 pandemic.

In the words of ANFAC, “2022 has been a difficult year for car sales marked by factors such as the war in Ukraine, the increase in energy and fuel costs or the increase in inflation and interest rates that have conditioned the purchase decision of users”. To this should be added the still persistent microchip crisis.

Although it's sad to say, and we hope we're wrong, 2023 doesn't look much better. The inflation is very high, while the high car prices It doesn't look like they're going to slow down. All these reasons make us pessimistic about the future for the coming months and think that 2023 will not be much better than the already closed 2022.

Toyota best selling brand
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As we mentioned in previous periods, brands and governments invite us to buy electric vehicles and plug-in hybrids, for that of reducing pollution in large cities, but the price of these products is considerably higher than that of vehicles with traditional mechanics. Not to mention that they are far from adapted to the vast majority of users due to needs, economy and types of homes.

Registrations by channels


Regarding the number of registrations by channels, the number of rent a car It is the one that has fallen the most of all. According to the data, the fall for this segment has been 35,1%, selling just 98.888 units. All this compared to 2021.

The only channel that reflects positive values ​​is that of companies, which has managed to close the year with an increase of 4,1% thanks to a total of 348.144 registrations.

Hyundai Tucson
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Finally we have the individuals, which is the most important from our point of view and which has maintained a certain stability; which is not exactly a good thing. Individuals have registered 366.364 vehicles, which translates into a slight decrease of 1,7% compared to 2021, which, as we said, was a disastrous year.

As data for comparison, in the cumulative year 2019 -year before the pandemic- a total of 1.302.963 units were registered, far from the figures we currently handle.

Source - ANFAC

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