Unusual effects cause slight falls in exports and production
In April 2015 a total of 291,400 passenger cars were newly registered in Germany. This is more than 6 percent up on April 2014. The German market also expanded by 6 percent during the first four months of this year to reach 1.05 million units.
Domestic incoming orders in April hovered around the previous year’s level. Since the beginning of the year, total orders from German customers have climbed by nearly 7 percent.
Matthias Wissmann, President of the German Association of the Automotive Industry (VDA), stressed, “The year-to-date results are better than expected. The German market could certainly rise to 3.1 million passenger cars in 2015. We are seeing a welcome development.”
German exports and production both decreased last month (-4 percent in each case). Yet the figures for the first four months are only slightly below the strong results for the same period in 2014 (-1 percent). Since January 2015 more than 1.5 million passenger cars have been exported, and production has exceeded 1.9 million units. The slender falls were due to a plant closure at the end of 2014, model changeovers and the launch of a model in the US.
Orders from abroad again increased by over 1 percent in April. The volume of foreign orders arriving so far this year has grown by 6 percent.
Wissmann stated, “The unusual effects distort the picture of production and exports. The level of orders from abroad has been consistently good since 2009 and it demonstrates the German manufacturers’ strong position on the global markets.”
|April 2015||January - April 2015|
|Passenger cars *)||Volume||Change
15/14 in %
15/14 in %
|German makes incl. group makes||211,200||6||758,500||7|