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The Swiss car market will have shrunk by 5 percent in 2024

The market level in 2024 will remain well below the pre-Corona level of around 300,000 enrollments. In addition to the economic slowdown, contradictory political signals to promote electromobility have also had a negative impact on demand for new vehicles, explains auto-schweiz for the decline. The market share of electric cars and plug-in hybrids will stagnate at 28 percent in 2024.

December as a ray of hope

After a difficult year, especially in the second half of the year, December did not significantly improve the overall situation on the Swiss car market. Although the best monthly figures of the year were achieved with 25,354 new passenger cars, the number of registrations was still 5.9 percent below the level of 26,948 in the same month last year. There is still no noticeable pandemic catch-up effect in vehicle procurement, writes auto-schweiz in a statement. As a result, the average age of the Swiss passenger car fleet continues to rise.

Those: auto-switzerland

Swiss

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