Czech Republic Autos sales just slightly improved in May, despite the Country was able to step out from the Covid19 crisis earlier than others. Indeed, 13.240 were registered in May (-44.6%), leading Year to Date sales to 73.814 (-22.6%). Peugeot and Renault plummeted over 60%.
Czech Republic Autos Market in May
Czech Republic imposed lockdown measures earlier than other European countries and was consequently able to ease restrictions from May 11. However, the market trend in May was not much better than April’s performance. Indeed, 13.240 were registered in May, still down 44.6% from the previous year, leading Year to Date sales to 73.814 (-22.6%).
In May, Hyundai managed to contain the losses (-29.6%), actually taking the second position in the Year to Date ranking, being the only gainer in the Top 10. Disappointing performances scored in May by the two French brands Peugeot and Renault, both losing over 60%.
Post Covid19 Market Trend
Similar to most of European countries, which have imposed lockdowns to various degrees in order to slow down the spread of the Coronavirus, the Czech Government imposed the quarantine in the whole country on March 16, closing its borders and forbidding the entry of foreigners. While being originally planned to last until March 24, the State of Emergency has been extended until April 30.
The closure of car dealerships led March sales to fall by 36.4% at 13.616, ending the Q1 with 49.987 units sold (-15.9%).
In April auto sales worsened, collapsing 53.5% with sales at 10.587.
Medium Terms Market Trend
The automotive industry has become a crucial factor in the country’s economic development and the great performance reported for one of the major national company, Skoda, has driven up the market in the last years.
Czech vehicles market registered a constant growth in the 2010-2017 period of time, when market grew up from 167.000 to the current all-time record of 271.000 units, pushed by a booming economy and growing internal consumer demand. Then, the trend started to moderately decline, with 261.437 sales in 2018 and 248.896 in 2019.
In the beginning of 2020, according to data released by the local Association of Car Manufacturers, the market kept the previous year’s tone, with Year to Date February sales at 36.371, down 4.3%.
Tables with sales figures
In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 models.