IMPROVING LIVES THROUGH DATA ECOSYSTEMS

The COVID-19 pandemic and lockdown regulations since 27 March have had an extensive impact on economic activity. Measured in nominal terms (current prices), motor trade sales decreased by 83,9% year-on-year in April 2020. The largest negative annual growth rates were recorded for:

• used vehicle sales (-97,0%);
• new vehicle sales (-91,7%); and
• sales of accessories (-88,6%).

Seasonally adjusted motor trade sales decreased by 75,0% in April 2020 compared with March 2020. This followed month-on-month changes of -19,1% in March 2020 and 1,1% in February 2020.

In the three months ended April 2020, seasonally adjusted motor trade sales decreased by 31,6% compared with the previous three months.

Motor trade sales decreased by 32,2% in the three months ended April 2020 compared with the three months ended April 2019. The main contributors to this decrease were:

·         new vehicle sales (-40,1% and contributing -10,1 percentage points);

·         fuel sales (-25,9% and contributing -7,6 percentage points);

·         used vehicle sales (-36,4% and contributing -6,6 percentage points); and

·         sales of accessories (-33,0% and contributing -5,6 percentage points).