The Canary Islands motor sector continues its slow recovery process after the pandemic.
The sale of used cars rose 5.5 percent year-on-year in the Canary Islands in March, according to data from the National Association of Vehicle Dealers (Ancove).
Ancove points out that in March of this year 8,301 used cars were sold in the Canary Islands, 5.5% more than in the same month of 2023, and adds that in the first quarter of 2023 the figure was 20,770 cars, with an increase of 0.5% over the same period of 2022.
In Las Palmas, sales have only increased by 3.7% in March, with 4,312 cars transferred. Santa Cruz de Tenerife, with 3,989 cars sold and an increase of 7.5%, is the province with the best records in March.
Slow recovery in Lanzarote after the pandemic
The total registrations of vehicles in Lanzarote plummeted in 2020 due to the covid 19 pandemic, being 2,843, and remained at very low levels during 2021, when registrations amounted to 4,546.
In 2022 there was a progressive recovery of this sector as the year progressed until reaching 90% of pre-pandemic levels, but only in January 2023 has a level of registrations in line with those that occurred in 2019 been recorded, a year of reference to analyze the economic recovery of the island.
In January of this year 381 vehicles were registered in Lanzarote, almost as many as were registered in January 2019, when there were 396.
