Portuguese market decreased by half since 2010

 

The Portuguese car market has dropped sharply since 2010. It has halved since then, but in reality it is 2.5 times less than in 2000 or 2001.

 

"The market fell last year to its lowest level since 1985, with 95 290 cars registered, down 37.9% compared to 2011. This year, we still have many business closures, especially as the government did not accept our proposal to establish a new scrapping bonus“ said Pedro, Secretary General of the ACAP (Portuguese Association of Automobile Manufacturers).

 

Portugal is a country in Southern Europe most affected by the recession and the drop in auto sales, as well as Greece, Spain and Italy.

 

In 2012, 2500 Portuguese companies working in the automotive field (repair, distribution, production) were closed, which has resulted in the loss of 21,000 jobs, said Pedro. A full recovery cannot be expected in 2013, even though the Portuguese market grew 0.8% in January.

 

 

13-07-9

 

Data sourceFile #55 - Registrations in the World by makes

 

 

Inovev platforms  >
Not yet registered ?
By keeping on browsing, on this site, you accept the use of cookies and TCU (Terms and Conditions of Use) of Inovev site (www.inovev.com)
Ok