ACI: Used cars slightly down in February while the two-wheeler continues to grow.
03/04/2020
Slight decrease in February for the transfers of ownership of cars, which net of minivoltures (temporary transfers in the name of the dealer pending resale to the end customer) recorded a decrease of 0.9% at national level compared to the same month of 2019. For every 100 new cars in Italy, 176 of them were sold second-hand in February and as many in the first two months of the year. The monthly balance sheet for February, however, should be noted, highlights a clear divergence between the trend of used vehicles in the regions of Northern Italy (-1.9%) and in those of the Center (+ 2.1%) and of the South and Islands ( + 2.6%).
In February the drop in ownership of diesel cars (-6.5% compared to February 2019), confirmed for the first time in January, was confirmed, which further reduced their share of the total by about three percentage points (from 51.1% in 2019 to 48.3% in 2020). Similar discourse for minivoltures: monthly contraction of 5.9% for diesel compared to 8% growth for petrol cars. Finally, a positive trend for the market for hybrid and electric used cars (even though they are still small shares that do not reach 1%): transfers of hybrid diesel cars (383 units) increased by sixfold in February; the number of changes in hybrid gasoline cars rose by 49.5% (2,303 units) and electric cars (64 units) by 64.8%.
The market for second-hand motorcycles goes against the trend with the four-wheelers: the changes in ownership of the two-wheelers, net of minivoltures, led to a monthly increase of 10.6% in February.
In the first two months of the year, a decrease of 4% was observed for the four wheels and 2.8% for all vehicles. On the other hand, the two wheels filed a 7.5% increase in the first two months of 2020.
The data are reported in the latest monthly “Auto-Trend” bulletin, the statistical analysis carried out by the Automobile Club of Italy on the PRA data, available on the website www.aci.it
Radiation of passenger cars slowed slightly in February, registering a negative monthly variation of 0.4%. The unit replacement rate in February was 0.89 (89 cars were removed per 100 cars registered) and 0.87 in the first two months of the year. On the contrary, a positive balance for motorcycle radiations that closed the month of February grew by 3.4% compared to the same month in 2019.
In the first two months of the year, radiation filed a total drop of 6.1% for cars, 5.6% for motorcycles and 5.9% for all vehicles.
Look at the tables