Car sales January 2024: increase of 7.3%, which is not too much

New car registrations begin 2024 with 68,685 units, 7.3% more than in January 2023. There is a good side to this, which is that it continues the upward trend that was experienced throughout 2023, and a bad side, which It is a rather meager figure if we take into account that a year ago there were still imbalances in the distribution chain.

In fact, the new car market is still 20.5% below January 2020… and sales to individuals and companies have stagnated and it is the renters who have pulled the market. These are the registration figures in January 2024 by channel:

  • Individuals: 34,037 units (+6.3%)
  • Companies: 27,410 units (-1.6%)
  • Rental: 7,238 units (+74.6%)

There is no doubt that the vehicles sold are cleaner. Average CO2 emissions were 116.2 grams of CO2 per km, 1.99% lower than the average for the same month in 2023.

Beyond passenger cars, light commercial vehicles achieved notable growth of 17.6%, with 11,134 units in the first month. Industrial vehicles and buses had a growth of 10.4% and 3,052 units.

Despite being very far from the previous figures from before the pandemic, manufacturers want to be positive: “In January 2023, a large part of the orders that were placed in November and December 2022 were registered and which delayed their deliveries for lack of vehicle transport trucks,” they indicate from ANFAC, which also points out the continuous adaptation of the sector. “Now we are experiencing delays caused by the terrorist attacks in the Red Sea and the severe drought that can affect the production of all types of goods.”

Dealers are worried that it is the rent-a-car those who support the market: “Without that contribution, it is very likely that we would be talking about a decrease in the market.” This could cause sales of electric and plug-in hybrid vehicles to exceed the 12% they closed in 2023. “We must bet on a much more robust market,” Faconauto indicates. From Ganvam, the sellers’ association, they point out that the increase in costs in transporting goods, “can put upward pressure on the price of cars and this circumstance complicates the recovery.”

Best-selling brands and models

Few changes in the preferences of the Spanish. Are toyota, seat and kia the brands that top the podium among the best sellers on the market in January 2024.

In terms of models, it is the Dacia Sandero that is the best-seller again, followed by the Toyota Corolla and the MG ZS. Good results for the Seat Leon, closely followed by the Toyota Yaris Cross and the Seat Arona.

Model Units
DACIA SANDERO 2,233
TOYOTA COROLLA 2,143
MG ZS 1,626
SEAT LEON 1,535
TOYOTA YARIS CROSS 1,522
SEAT ARONA 1,501
HYUNDAI TUCSON 1,494
PEUGEOT 2008 1,465
SEAT IBIZA 1,371
TOYOTA RAV 4 1,241
RENAULT CLIO 1,225
NISSAN QASHQAI 1,222
OPEL CORSA 1,214
CITROEN C4 1,200
FIAT 500 1,187
KIA SPORTAGE 1,176
TOYOTA C-HR 1,126
KIA STONIC 995
KIA NIRO 978
DACIA DUSTER 963

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