Czech Republic Vehicles Market in November increased moderately, thanks to the improving of economic sentiment. Skoda monopolized the models list.
Market Outlook
The Czech economy lost steam in Q3 compared to the previous quarter’s result, dragged down mainly by lower investment activity. Further signs that the economy could have entered the last quarter on a more solid footing come from the manufacturing Purchasing Managers’ Index, which hit a five-month high in October on the back of higher new orders and output. In both October and November, economic sentiment improved and recorded robust results.
Meantime, the new vehicles sales in November kept the pace, hitting the 4th month in a row.
According to data released by the S.D.A., the Czech Republic Car Importers Association, in October and November the cars passengers sales had been respectively 21.481 (+9.3%) and 22.154 (+8.5%)
Year to date November 2016 new cars sales improved by 11.2%, up 243.178 units.
Competitive Arena
Year to date November, Skoda led the ranking with 75.621 (+10.5%) with market share at 32.5%, followed by Volkswagen with 24.594 units (+11.2%), Hyundai with 19.241 sales (+7.0%), Ford with 15.011 (-0.3%) and Dacia with 10.912 (+17.5%).
Great score were posted by Mercedes with 6.669 (+55.8%) and Peugeot with 8.299 units (+25.6%).
As far as the best-selling models performance, the Skoda Octavia was the best-selling model with 26.431 sales (+18.1%) followed by the Skoda Fabia with 19.902 (+5.7%), the Skoda Rapid with 10.524 (-2.3%), the Skoda Superb with 10.163 (+89.4%) and the Hynudai i30 with 7.070(+11.1%).
Tables with sales figures
In the tables below we report sales for all Brands and top 10 models.
