[Auto] March Presents Second Annual Advance in Heavy Vehicle Retail Sales

[SougarLord]

 

Of the 13 brands that reported results, six had positive results in March: Dina (2,400 percent), Freightliner (5.3 percent), Hino (55.5 percent), Isuzu (11.2 percent), Kenworth (91.1 percent) and Volkswagen Trucks and Buses (70.8 percent). In the accumulated result for the first quarter, there are five brands with annual advance: Dina (1,250 percent), Freightliner (1.0 percent), Hino (14.4 percent), Kenworth (35.1 percent) and Volkswagen Trucks and Buses (41.2 percent). ).

By segments, the positive cargo performance stands out with an advance of 24.6 percent in March 2021. This increase implied 467 additional units sold at retail, of which 268 were cargo, with an annual advance of 26.8 percent, and 189 tractor units with an annual increase of 22.1 percent.

 

On the other hand, the passenger segment continues to decline 7.0 percent, with 29 units less sold. Foreign buses had a negative performance with 88 units less, while passage registered advance of 59 units, representing these levels a decline of 76.5 percent and an increase of 19.5 percent, respectively.

 

With data for the first quarter 2021, the greatest impact on sales was recorded by the passenger segment, specifically the foreign bus segment with a decrease of 86.1 percent, that is, 242 units less.

 

The urban passenger segment presents an annual decline of 7.1 percent, while the cargo segment advanced 8.5 percent, tractors closed the first quarter with advance of 15.7 percent and the rest of cargo vehicles with an increase of 2.2 percent . "The retail market for heavy vehicles during the third month of 2021 presented a favorable performance, constituting the second consecutive annual advance of 2021, a situation that gives a positive signal for the sector and for the economy," said Guillermo Rosales, CEO AMDA Deputy.

 

The accumulated performance, already in positive territory, of the commercialization of heavy vehicles reflects the relative improvement in some of the monitoring indicators. An example of this was the progress data registered in business confidence in the transport sector, which according to the Business Confidence Indicator published by INEGI for the month of March refers to an annual increase of 4.4 percent, breaking the consecutive fall that it had shown since January 2020 .

 

Notwithstanding the foregoing, the latest data published and referring to the month of January 2021 show how investment in machinery and equipment continues to contract, standing in an annual comparison of -5.0 percent with respect to January 2020, on a par with investment in construction that fell 11.7 percent in the annual comparison of the same month.

 

This situation, added to the comparative base that in 2020 that already contemplates the effects of the pandemic on economic activity and the sector in particular, leads to maintaining expectations for the global performance of 2021, according to the latest survey of expectations of the Banco de México, the estimate of economic growth for our country for 2021 indicates an advance of 4.2 percent.

 

In the case of the commercialization of heavy vehicles, the annual data observed without considering foreign buses was 7,130 units, which was positioned 10 percent above the estimated data in the average scenario (6,484 units). In comparison with the high scenario, which contemplated 6,871 units, the observed figure was 3.8 percent higher.

 

Even with challenges in economic, social and health matters, it is expected that during 2021 the commercialization of heavy retail vehicles (without considering foreign buses), including data observed in the first quarter of 2021, could reach 30,660 units, this would represent an advance of 16 percent per year.