@Magaly i think we need to develop a basic automotive demand model soon. At the current stage we have all this detailed monthly data but I think it’s not easy to see the big full picture of what is happening or what we expect to happen in the future.
We should also consider insights we get from companies like Volkswagen and provide more context for them.
For example Volkswagen CFO recently said that yearly demand of new cars will be 2 million lower in Europe compared to pre-pandemic. Does this mean he simply expects current demand to remain stable?
I also wonder if Volkswagen sees larger problems coming given their plans to cut jobs or just wants to increase profitability and wonder if this weaker August is meaningful in this context or simply hard yearly comps as you point out.