Accordingtoofficial sources,in2020,carsales decreasedbyabout21.7%compared to the previous year, reaching 125,004 units, and all manufacturers in the top of
Question:
According to official sources, in 2020, car sales decreased by about 21.7% compared to the previous year, reaching 125,004 units, and all manufacturers in the top of the best-selling new cars recorded decreases. In December 2020, 15814 cars were sold, 16.2% more than in December of the previous year.
Passenger car sales account for 85% of all vehicles sold, with commercial vehicles, minibuses and buses making up the remainder.
The top 10 car brands are as follows:
Dacia: 39,940 ounces, 20.6% less than in 2019
Skoda: 10,228 units, 18.6% fewer than in 2019
Renault: 9,963 units, 24.9% fewer than in 2019
Volkswagen: 9,441 units, 8.4% fewer than in 2019
Ford: 6,874 units, 42.3% fewer than in 2019
Hyundai: 6,852 units, 14.6% fewer than in 2019
Toyota: 6,870 units, 5.3% fewer than in 2019
Suzuki: 3,956 units, 20.2% less than in 2019
Peugeot: 3,517 units, 3.8% fewer than in 2019
Mercedes-Benz: 2,972 units, 16% fewer than in 2019 By model, Dacia's top preferences in 2020 were:
Dacia Logan - with 18,474 units registered - in first place, but down 28.5% compared to 2019,
Dacia Duster - with 9,826 units and -15% compared to 2019,
Dacia Sandero - with 9,420 units and -5.1% compared to 2019.
In order of ranking, the following:
Renault Clio with 3,958 units and -25.3%.
- Skoda Octavia with 3,706 units,-29.9% (2020/2019).
Requirements:
It is requested to determine:
What was the total number of cars sold in Romania in 2020?
What was the volume of car sales in 2019?
What was the share of December sales in total annual sales for 2019 and 2020?
What were the sales of 2019 for the top 10.
What was the absolute market share of the Top 10 in total sales 2019-2020?
What were the absolute market shares for 2019-2020 of the top 10?
What were the relative market shares of the top 10for 2019-2020?
What were the 2019 sales and specific market shares for the top 5 car models preferred by consumers (2019-2020)?
Apply known statistical methods for the dynamic and structural analysis of sales development.
Use symbolic modelling to represent the phenomena under analysis.
Expert Answer:
SOLUTION 1 Total Number of Cars Sold in Romania in 2020 Total number of cars sold in Romania in 2020 125004 units 2 Volume of Car Sales in 2019 Total ... View the full answer
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
