Electricity share in German car market reaches new highJohn Moot
Electricity share in German car market reaches new high
Overall market, domestic production and export again in the red
In August 193,300 new passenger cars were registered in Germany. That is 23 percent less than in the same month last year. In the first eight months, 1.8 million Newly registered cars. This exceeded the previous year’s figure by 2 percent. Compared to the same period in 2019, however, a good quarter fewer cars were newly registered. The pre-crisis level on the German car market is still not in sight.
New electric registrations rose in August by 61 percent to 53,400 units. The share of electric cars in total new registrations was 27.6 percent. This significantly exceeded the previous high from December last year. New registrations of purely battery-electric cars (BEV) rose by 80 percent, and that of plug-in hybrids (PHEV) by 43 percent.
The new domestic orders in August rose by 8 percent compared to the same month last year. The increase has been 7 percent since the beginning of the year. Foreign business fell somewhat in August: German manufacturers posted a decline in orders of 21 percent in the past month. Since January, however, 17 percent more orders have been received from abroad.
Production in the German automobile plants fell again in August. A total of 133,600 cars were manufactured (-32 percent). In the first eight months, domestic production amounted to 2.1 million. Cars (+5 percent). Delivery bottlenecks for semiconductors were also a production obstacle in the past month. Exports also fell in August: 107,700 cars (-33 percent) were sold abroad. In the year to date, 1.6 million Cars (+7 percent) delivered to customers all over the world.