Tesla Model 3 was the top-selling car in the UK in April, while total UK new car sales plunged 97.3% year-over-year to their lowest level since 1946, due to locking the country to curb the spread of COVID. 19.
Car sales in the UK plunged to just 4,321 vehicles in April, down from 161,064 cars sold in the same month last year, according to data from the Society of Motor Manufacturers and Traders (SMMT) ) from the United Kingdom. New car registrations for April 2020 reached their lowest level since immediately after the Second World War in 1946.
In these distorted market statistics for April 2020, Tesla Model 3 was the top-selling car in the UK with 658 Model 3 sold, ahead of 367 new car registrations for Jaguar I-Pace and 264 new Vauxhall Corsas sold.
According to Timothy B. Lee of Arstechnica, the best performance of Tesla’s Model 3 in April was due to the fact that the United Kingdom had just eliminated, in early April, the tax on company cars for electric vehicles, and Tesla’s policy for direct sales with delivery to consumers bypassing concessions, which are all closed in many European countries amid blockages.
Elsewhere in Europe, new car sales in April were just as dismal as in the United Kingdom.
New car registrations in Italy had only 2,182 vehicles last month, down 98% from 107,930 car registrations in April 2019. Car sales in France fell 90% over the year, while new vehicle registrations in Spain fell 96%. The UK, Italy, Spain and France are the largest car markets in Europe – along with Germany – but they are also the hot spots for the coronavirus pandemic in Europe, with strict bans imposed by authorities in March and April.
The situation in the United States in April was not as grim as in Europe, although many automakers reported sales at their lowest level in decades. Dealers and executives are hoping that potential buyers will come back once they get out of the roadblocks, the Wall Street Journal reported last week.
By Tsvetana Paraskova for Oilprice.com
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