Porsche manages to contain its loss to -7.2% in March.
In Luxembourg most non-food shops closed on March 16 in an attempt to curb the spread of the coronavirus and a state of emergency was declared on March 19. As of March 31, there were 2.178 confirmed cases of COVID-19 and 23 deaths. As a result of shutdown measures the Luxembourg new car market is down -50.2% year-on-year in March to 2.798 units, pulling the year-to-date tally down -19.9% to 11.912.
Volkswagen (-43.6%) and Mercedes (-40.1%) remain the two most popular brands in the country, joined on the podium by Audi (-37.9%) while Skoda (-18%) holds onto the 4th spots. Indeed the entire Top 4 carmakers all lose less ground than the market. Thi sis also the case for Seat (-42%) and Hyundai (-49.4%) in the remainder of the Top 10 but Renault (-71.9%), Ford (-62.5%), Fiat (-58.1%) and BMW (-54.2%) aren’t so lucky. Further down, Tesla (-5.3%), Porsche (-7.2%), Mini (-17.6%), Suzuki (-18.6%), Land Rover (-23.2%) resist ok.
Full March 2020 Top 45 All-brands ranking below.