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Covid-19 Creates Abysmal April For New Vehicle Registrations.

Motor Industry Association Chief Executive David Crawford says as expected April 2020 registrations are down 90% (9,601 units) compared to the same month last year, with 1039 new vehicles registered compared to April 2019 with 10,640 registrations.

“The month of April was closed for business other than for the supply of essential vehicles and 3 business days at the end of the month for contactless sales. That Distributors were able to sell as many as they did was testament to their determination to partially re-open for business while maintaining strict health and safety processes.

Year to date the market is down almost 32% (15,676 units) on the same period in 2019.”

Key points

Market leaders in April

For the month of April, Kia was the overall market leader with 16% market share (169 units), followed by Toyota with 13% (132 units) and the Suzuki in third spot with 10% market share (102 units).

Government Stimulus Required to Kickstart the New Vehicle Sector

The Government can play a decisive role in lessoning the economic pain we are feeling and today the MIA calls on the Government to fast track the following policies:

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