The Automotive Distributors Association (ODD) announced the automotive sales data for September. The data released reveal that automotive sales came to a near standstill in September. Although 57 thousand 141 automotive sales were made during the last month, when we compare this data with September of last year, we see a 36.9 percent contraction.
According to ODD data, 43 thousand 408 automobiles were sold in September. This amount of sales means that there was a 39.1 percent decline on an annual basis. The sales of 13 thousand 733 light commercial vehicles correspond to a 28.9 percent decrease compared to the same period of the previous year. The data announced are an indication that there is a decline in the automotive markets that exceeds even expectations.
Detail of the data
The data announced by the Automotive Distributors Association presents a remarkable detail about the month of September. So much so that 57 thousand 141 automotive sales realized last month are lower than the average of the last 10 years. Over the past 10 years, September was 8.3 percent more than September 2021.
Even though there was a very bad September in the automotive sector, when we look at the whole year, we encounter a better picture than 2020. So much so that a total of 558 thousand 145 automotive sales were carried out between January and September 2021. This figure reveals a 13.1% growth compared to the previous year. The reason for this is the transition from the coronavirus pandemic to the normalization process. . .
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