Plummeting new car registrations - Companies

Plummeting new car registrations – Companies

New car registrations continue to fall in Belgium to 195,387 in the first half of the year, a decrease of 15.9% compared to the same period of the previous year, according to figures published on Wednesday by the Federation of the automobile and the cycle (Febiac). The electrification of the Belgian car fleet is also continuing to develop.

The decline in new car registrations in Belgium over the first six months of the year is higher than the European average (-14%). Compared to pre-covid (2019), it even reaches -37%. In total, 61.8% of new cars registered in the first half were registered by professional customers.

The decline is less marked on the second hand market (-9.27%). Electrification continued to gain ground in the first half of the year, representing 31.6% of new car registrations (23.5% in 2021), and even 40% for business customers.

They are also the most fond of cars rechargeable by an electrical outletregistering 85% of the (all-electric) BEV models and 90% of the (plug-in hybrid) PHEV models during the first six months of the year.

At European level, the sales of new motor cars gasoline (-22% over one year) or diesel (-27%) collapsed in the second quarter, according to manufacturers’ figures. Gasoline cars accounted for 38.5% of sales, compared to 17% for diesel and 22% for hybrids who continue to progress.

The decline in new car registrations in Belgium over the first six months of the year is higher than the European average (-14%). Compared to pre-covid (2019), it even reaches -37%. In total, 61.8% of new cars registered in the first half were registered by professional customers. The decline is less marked on the second-hand market (-9.27%). Electrification continued to gain ground in the first half of the year, representing 31.6% of new car registrations (23.5% in 2021), and even 40% for business customers. The latter are also the most fond of plug-in cars, registering 85% of BEV (all-electric) models and 90% of PHEV (plug-in hybrids) during the first six months of the year. At European level, sales of new cars with petrol engines (-22% over one year) or diesel (-27%) collapsed in the second quarter, according to figures from manufacturers. Gasoline cars accounted for 38.5% of sales, 17% for diesel and 22% for hybrids, which continue to grow.

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