In the Canary Islands, 9,116 vehicle units were registered during the month of July, representing a 4.69% increase compared to the same month last year. However, the cumulative balance for the year remains negative, with a total of 46,832 vehicles registered, a 3.77% decrease, according to data from Fredica.
Within the passenger car and SUV segment, the main market in the islands, 6,259 registrations were recorded, a 3.03% increase compared to July of the previous year. Despite this monthly improvement, the year-to-date cumulative for this segment continues to show a downward trend, with a 7.18% decline and a total of 30,414 vehicles.
The private buyer channel has demonstrated its strength, experiencing a 6.62% growth in July and a cumulative increase of 13.21%, consolidating it as the main support of the market.
The rental channel saw a temporary recovery in July, with a 15.62% increase, although it accumulates a significant drop of 33.82% over the entire year.
On the other hand, the company channel decreased by 23.63% in July and maintains a cumulative decline of 8.02%.
In the commercial vehicle market, registrations increased by 12.84% during the month. The year-to-date cumulative remains practically balanced, with a slight drop of 0.45%.
Industrial vehicles also showed a monthly recovery, with a 25.68% growth. However, they continue to register a cumulative decrease of 20.46%, reflecting the investment caution of companies.
Finally, the motorcycle market maintains a favorable trend, with a 5.20% increase in July and a cumulative rise of 8.01%, positioning itself as the segment with the best performance so far this year.
