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Registrations drop another 18.7% in November

Registrations of passenger cars and SUVs fell 18.7% in Spain in November, with 75,708 units in total. Employers warn that this trend may worsen as of January 2021 when the move to the WLTP homologation involves an increase in the Registration Tax.

In the accumulated of the year, the registrations of cars and SUVs have contracted 35.3%. Their average emissions stand at 107.5 grams of carbon dioxide per kilometer, still well above the 95 grams that the European Union asks manufacturers to avoid economic sanctions.

All channels have red numbers. That of individuals fell 24.4%, that of companies 7.6% and that of renters 35.4%. Its decreases in the accumulated of the year 2020 are 30.0%, 28.7% and 60.0% respectively.

Light commercial vehicle registrations have fallen by 8.1%. The annual decrease is 28.7%.

Best results are for industrial vehicles and buses. They present red numbers, but their decrease is only 0.6%. The cumulative fall in 2020 is 25.8%.

For the first time in all of 2020, the three employers that present this monthly report –ANFAC, Faconauto and Ganvam– have agreed on joint declarations to warn about the danger posed by a possible increase in the Registration Tax.

« The three associations that represent the manufacture, commercialization and distribution of vehicles in Spain, ANFAC, FACONAUTO and GANVAM, want to jointly express our great concern about the bad situation in which the vehicle market is in the last year, with a cumulative drop in registrations of 35% until November. The way out of this situation, as a result of the evolution of the pandemic and the associated economic crisis, will be made more difficult from January 2021 due to the increase in Registration Tax « .

« Half of the vehicles sold in 2021 will see their taxation increased at the time of purchase due to the entry into operation of the European WLTP regulation, which represents a new way of measuring CO2 emissions and therefore impacts the Registration tax, which is paid according to these emissions. The European standard does not seek to increase taxation but to better measure vehicle emissions, but in Spain, it does imply a 5% increase in vehicle tax. This effect does not It occurs in all European countries, which do not always have a registration tax, but in those where it would, such as France and Portugal, modifications of the tax have been approved so that the WLTP works without raising taxes « .

« This average price increase of 5% will mean, in such a bad environment for vehicle sales, a worsening of the situation in the sector, making it even more difficult to get out of the crisis and with the consequent impact on both employment and the economy of the country and in the automotive value chain « .

« The automotive sector accounts for 11% of GDP and employs 9% of the workforce. Its situation, with the closures and restrictions caused by the pandemic, is very complicated and will be more so with the economic crisis of 2021. It is It is necessary to specify measures that entail its rapid recovery and reactivation and avoid unforeseen impacts that make exit even more difficult « .

« We need the registration tax increase to be corrected before January 1 so that the industry and the sector can work and be the driving force behind the Spanish economy that they have always been and will be. »

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