Domestic car sales have seen a sharp decline since COVID

Sales statistics compiled by DataHerald for SlashGear show a sharp decline in the number of vehicle sales over the past few years. Some selling traditions, like a dip in January followed by a strong sell-off in the spring as tax returns hit people’s bank accounts, are apparent in the data we’ve received. One interesting thing to note is how January’s annual decline seemed to be more severe in 2021. January 2020 saw a drop of around 60,000 sales from the previous month, and sales fell by roughly the same number between December 2020 and January 2021. However, due to the lower overall sales volume, the decline appears to be more severe on the graph and is considerably larger if you consider it as a percentage of sales instead of raw sales figures .

As you would expect, the biggest drop in sales occurred during the height of the April 2020 lockdown. During this period, sales figures fell below 125,000. This is probably because many showrooms and dealerships were closed, meaning there were fewer places you could actually buy a car. Unfortunately, despite a brief recovery throughout the second half of 2020 and the first half of 2021, sales numbers never returned to pre-pandemic numbers. Since May 2021, we have seen a sharp decline that threatens to drop sales figures as low as they were at the height of the pandemic. In May 2022, sales were again below 180,000, with no sign of a reversal in the downward trend.