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Swiss Fleet Passenger Car Market Struggles in August

Fleet registrations for passenger vehicles in the Swiss market were down 10.9%, pushing further on losses that were exacerbated from the pandemic, and continues an eighth month streak.

September 15, 2020
Swiss Fleet Passenger Car Market Struggles in August

 

Photo: Dataforce

2 min to read


Fleet registrations for passenger vehicles in the Swiss market were down 10.9%, pushing further on losses that were exacerbated from the pandemic, and continues an eighth month streak, according to Dataforce.

The negative development of the company car segment was also reflected at brand level. Only one third of the top 15 importer brands recorded growth compared to the same month last year. 

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Following the successful performance in July, Peugeot was once again high on the list of Swiss fleet managers in August, despite overall declines, according to Dataforce. Tesla also succeeded in more than doubling its fleet registrations compared to the same month last year. In addition, Volvo, Citroen, and Porsche attracted attention among fleet managers. 

In August, two thirds of the top 15 fleet models recorded year-on-year growth. The Tesla Model 3, the Peugeot 308, and the Renault Clio led the way.

The market for light commercial vehicles up to 3.5 tons also suffered a setback in August. The main reason for this were commercial registrations, which account for much of the registration volume for this type of vehicle and which fell by 16.4% compared with the same month last year. Overall, the figure at the end of August was therefore down 11.1%.

At brand level, Ford was able to build on the strong performance of the previous months and was once again the big winner among the top 10 importer brands in the true fleet market. Citroen, Iveco, Opel, and Peugeot also developed positively in August.

The Mercedes-Benz Sprinterwas the most registered vehicle in August, ahead of the Volkswagen Caddy and the Ford Transit Custom. The latter model, in particular, alongside the Ford Transit was one of the main reasons for Ford’s good monthly figures.

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