National economy Car market also in decline in November
Sales figures in the Swiss car market fell for the seventh month in a row in November. A total of 19,698 new cars were put on the road in Switzerland and the Principality of Liechtenstein. This is 10.5 percent less than in the same month last year.
04.12.2024, 16:51
04.12.2024, 16:52
SDA
According to the industry association Auto Schweiz, the number of new car registrations after eleven months therefore stands at 214,181 vehicles, 4.9 percent down on the previous year. The association attributes the decline to the difficult conditions.
"2024 was and is a difficult year for the Swiss automotive industry," said association director Thomas Rücker in the press release. Rising costs and crises around the world have led to consumers being thrifty and not buying new cars at the moment, Rücker said. "The uncertainty surrounding the choice of powertrain for a potential new vehicle represents a further hurdle when buying a car."
Full and mild hybrids in demand
Registrations of new cars with full or mild hybrid engines increased by 17% in November. As a result, this car class now has a market share of 37 percent. A year ago, these hybrids accounted for 28 percent of all new registrations. Meanwhile, the share of plug-in hybrids is at 8 percent.
According to the figures, purely electric cars account for 21 percent of all new registrations. Overall, the share of alternative drive systems is now two thirds, while cars with petrol and diesel engines account for a good quarter.
