Thursday , October 21 2021

The number of new cars fell sharply – analysts do not like the forecast



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According to the consultancy, the number of new car registrations dropped to 1,015 million in October. Last October, the number of registrations was 1,094 million. The fall in sales forced the company to cut growth forecasts for the auto industry in the region for these and other years.

The new WLTP was launched on September 1, forcing car makers like Volkswagen and Renault to fail to deliver some car models.

"Although many of the cars that were stopped by WLTP in September were already in the market in October, it is clear that it will take a while until we see sales growth," said David Oakley, an analyst at LMC Automotive.

LMC Automotive Reduced to 2018 car sales forecast from 14.5 to 14.41 million. cars. In 2019, according to company forecasts, 14.54 million will be sold. cars.

According to the forecasts of LMC Automotive representatives, the forecasts take into account the slowdown in the economic growth of some important markets.

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