Uruguayan Vehicles Market recovered only moderately in May 2020, compared to the April’s sharp drop, despite the relatively low impact of the Coronavirus on the country. Indeed, in May registrations were at 1.386 – down 44.2% from the previous year – leading Year to Date sales to 10.039 (-18.3%). Suzuki outpaced the market (-29.6%), thanks to the S-Presso.
Uruguayan Vehicles Market in May
After the large drop in April (-54.4%), the Uruguayan market reported only a moderate improvement. Indeed, despite the relatively small number of confirmed cases during the Coronavirus pandemic, the car market struggles to recover.
Indeed, in May registrations were at 1.386 – down 44.2% from the previous year – leading Year to Date sales to 10.039 (-18.3%).
Brand-wise, the leader Suzuki performed better than the market (-29.6%), consolidating the leadership thanks to the S-Presso, while a Chevrolet collapsed 82.6%.
Post Covid19 Market Trend
In Uruguay, in order to slow down the spread of the virus, containment measures were imposed in mid-March while major restrictions on movement were introduced at the end of the month.
As a result, the Car market dropped down 23% in March with 2.304 units sold, ending the Q1 at 7.861 (-10%).
In April, the market reported a sharp loss (-54.5%) due to anti-covid19 restrictions, with sales at 1.131.
Medium Terms Market Trend
Uruguayan vehicles market in recent years declined from the record established in 2013, with 56.220 light vehicles sold to the 44.285 units reported in 2016. However, in 2017 the market reported a robust performance ending the year at the second best result ever, with 54.948 units (+25.4%).
In 2018 the market was heavily negative, ending with registrations at 43.815 and in 2019 marked the lowest annual volume of the entire decade, with 40.482 sales (-7.3%).
However, in 2020, according to the Asociation del Comercio Automotor del Uruguay, the market was still declining, with Year to Date February sales at 5.557.
Tables with sales figures
In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models.