Cars: a few days before the end of the month, patents continue to grow against 2023

With 14 business days of the month elapsed out of a total of 22, the patenting of cars October maintain their positive trend.

According to the latest data appearing in the SIOMAA registry, there are a growth of 3.7% compared to the same month of the year past.

If compared to September, there is a reduction of 10.4%, while in accumulated annual terms it remains with a decrease of 10.8%.

It must be taken into account that the day-to-day monitoring of records may have important alterations that depend on the release of cars made by the terminals and the fluidity of patenting procedures.

The feeling in the market is of a consolidation of the demand at current levels.

Patent projections for October are 40,906 units, taking the car segment plus light commercial vehicles. If the participation of “heavy” vehicles is added, the final number should exceed 42,000 vehicles.

This way, The total 2024 market should be slightly above 400,000 km and close approximately 10% below 2023.

At the beginning of the year, a drop of close to 25% was estimated.

Regarding behavior by brand, Toyota leads sales with 27.1% of the October market, followed by Volkswagen with 16.6%.

The list is completed by Fiat (11.4%), Peugeot (8.3%), Ford (7.2%), Renault (7%). Chevrolet (5.8%), Jeep (3.8%), Nissan Citroën (2.8%) and Nissan (2.6%).

The top ten of the most patented models of the month is led by the Toyota Hilux, with 9% of the market. The Japanese brand also occupies position 2 with Yaris (7.2%) and third is the Peugeot 208 (5.2%), which displaced the Corolla Cross to fourth place (5.1%).

Fifth place goes to the Volkswagen Amarok (5%), which continues to win the duel against the Ford Ranger, which is eighth with 3.6%.

In 6th and 7th place are Fiat Cronos (4.7%) and Volkswagen Polo (4.6%).

Behind the Ranger, 9th place is occupied by the Corolla (3.4%) and 10th goes to Volkswagen Taos with 2.9% of operations.