Spanish autos market

Spain. Coronavirus freezing auto sales in April (-96.6%)

Spanish auto market in April has collapsed, as all car dealerships across the country were closed since mid-March. Indeed, only 4.163 sales were reported in April (-96.6%), leading Year to Date figures at 229.674 (-49.1%).

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Italy. In April Covid-19 dragged the market down 97.5% at lowest volume in over 60 years

Italian Auto Market has halted almost completely in April. Indeed, lockdown measures - imposed since March 9 - were held for the entire month, keeping commercial and industrial activities closed. As a result, only 4.320 units were sold in April (-97.5%), dragging Year to Date figures down 50.5% at 352.649.

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Indian Autos Market

India. In April auto sales have stopped to zero

Indian Autos Market in April registered zero units, as lockdown measures - imposed from March 23 until May 18 - forced automotive factories to suspend production for the entire month. Indeed, Year to Date figures stayed at 677.468 (-37.8%), while Coronavirus keeps spreading fast in the country.

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Taiwanese Vehicles Sales

Taiwan. Government’s early response to Covid-19, enables car market to contain losses (-11.1%) in April

Taiwanese Vehicles Sales were not largely affected by the Coronavirus outbreak, as Government’s early deployment of restriction measures managed to contain the number of cases throughout the country. However, in April the market reported an 11.1% drop at 30.882 units, leading Year to Date figures at 134.383 (+1.9%).

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Slovakia Auto sales

Slovakia. In March Covid-19 dragged car market down 45%

Slovakia Auto sales in March were severely hit by the Coronavirus, as all non-essential businesses were closed from March 16 onwards and further bans on freedom of mobility were imposed in order to slow down the virus' spread. Indeed, sales fell by 45.6% in March with 5.013 units sold, ending the Q1 at 18.966 (-18.8%).

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Bosnian vehicles market

Bosnia. Vehicle market plummeted 43.1% in March

Bosnian vehicles market in March was hit by a sharp drop, as a result of lockdown measures introduced by the Government, in order to slow down the spread of Covid-19. Indeed, sales crumbled 43.1% in March with only 579 units sold, ending the Q1 at 2.164 (-15.4%).

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Ukrainian Cars market

Ukraine. Q1 ended on a positive score, despite in March auto sales fell 17.7%

Ukrainian Cars market fell down in double-digits in March, as the Government imposed restrictive measures in order to contain the Coronavirus. Indeed, sales fell 17.7% in March at 6.022, ending the first quarter at 20.063 (+9.2%).

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Uzbek Vehicles Market

Uzbekistan. Coronavirus dragged the Q1 down in double-digits

Uzbek Vehicles Market in March free-fell, as lockdown measures were imposed in the Country in order to contain the virus. Indeed, auto sales crumbled 76.9% at 2.673, ending the first quarter with 32.737 units sold (-17.6%).

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Iranian vehicles market

Iran. In March the market collapsed 88.5%

Iranian vehicles market in March was enormously hit by the Coronavirus, as the Government imposed lockdown measures in order to slow down its spread. Indeed, sales plummeted 88.5% in March with only 8.467 units sold, ending the first quarter at 159.786 (-29.9%).

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Egyptian Vehicle Market

Egypt. Despite Covid-19 outbreak, in Q1 the vehicle market grew 28.3%

Egyptian Vehicle Market in 2019 was hit again by price increase and has broken the recovery in place. Indeed, Total sales in 2019 have been 178.699, down 12.9% and perspectives for 2020 are almost uncertain. Three brands, Chevrolet, Hyundai and Nissan held half of the market.

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Morocco car market

Morocco. Auto sales crumbled 86.4% in April

Moroccan Cars Market in April was hit by the Coronavirus outbreak, which forced the closure of showrooms in the Country and domestic production and imports were frozen. Indeed, car sales plummeted 86.4% in April with 1.687 units sold, leading the Year to Date April sales at 33.825 (-31.9%).

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Kenyan Vehicles Sales

Kenya. Vehicle market lost 23.6% in Q1

Kenyan Vehicles Sales in Q1 were hit by a large drop, as the Covid-19 pandemic worsened an already weak market trend. Indeed, restrictive measures imposed in the Country led new vehicle sales down 23.6%, with 1.401 units sold.

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Philippines Vehicles Market

Philippines. In March vehicle market plummeted 62.7%

Philippines Vehicles Market crumbled in March, as a result of lockdown measures introduction in order to slow down the spread of the virus. Indeed, auto sales collapsed 62.7% at 14.000, ending the first quarter at 73.420 (-27.2%).

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Lebanon car market

Lebanon. In March auto sales free-fell 64.6%

Lebanese Cars Market, after starting the new year with an awful trend, reported a huge sales drop, as restrictive measures were imposed in Country in order to slow down the spread of the virus. Indeed, registrations collapsed by 64.6% in March at 1.261, ending the Q1 at 3.755 (-55.5%).

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Kazakhstan Vehicles Market

Kazakhstan. Car market unaffected by the Covid-19 in March (+45.6%)

Kazakhstan Vehicles Market in March kept the momentum going, also resisting to the Coronavirus outbreak. Indeed, despite a state of emergency was declared on March 15, the car market remained unaffected, reporting a +45.6% growth in March with 6.892 units sold and ending the Q1 at 17.787 (+33.3%)..

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Why People Are Turning to Car Title Loans

Raising finance when you are in need of cash can be a real headache. While there are various forms of borrowing available, you may find that you are only eligible to apply for a limited range. This could be due to damaged credit, your income and outgoings, and your personal and financial situations.

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indonesia car market

Indonesia. In March sales dropped in double-digits (-14.2%)

Indonesian Vehicles Sales reported a two-digits drop in March, as a result of social distancing measures imposed in large part of the country, to slow down the Covid-19 spread. Indeed, in March the market lost 14.2% with 72.748 sales, ending the Q1 at 222.921 (-0.9%).

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Georgian vehicles market

Georgia. Vehicle market collapsed 66.7% in Q1 2020

Georgian vehicles market has free-fell in the first quarter of 2020. Indeed, in the first quarter 2020 the market crumbled by 66.7% with 363 units sold. Indeed the country was in hut down in March, the month with higher seasonality of the year, following an already low demand reported in January-February.

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Malaysian Vehicles Market

Malaysia. In March auto sales crumbled by 61%

Malaysian Vehicles Market in March has collapsed, as a result of the “Movement Control Order” implementation, corresponding to a partial lockdown starting from March 18. Indeed, sales dropped down 61% in March with 20.965 units sold, ending the first quarter at 104.215 (-25.6%).

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mexico-cars-market

Mexico. Car market fell down 25.5% in March

Mexico Cars Market, after signing the first monthly growth in almost 3 years in February, reported a sharp loss in March due to the Coronavirus outbreak. In March registrations fell 25.5% at 87.517, ending the first quarter at 296.677 (-10.9%).

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