Export and production dip slightly
In January 2016 around 218,400 new cars were registered in Germany. This is an increase of a good 3 per cent by comparison with the same month the year before.
Matthias Wissmann, President of the German Association of the Automotive Industry (VDA), declared, “The German car market got off to a good start in the New Year and has thus continued the trend set in the preceding months. New registrations in January are higher than they have ever been since the year 2008. This fills us with confidence for the coming months.”
In the past month, German manufacturers exported 313,600 cars (-6 per cent). However, January also had one workday less than it did the year before. By contrast, orders from abroad are positive. They increased by just under 3 per cent. At the beginning of the year, orders received from the domestic market were 8 per cent below last year’s level. One reason for this is the unusually high figure reached last year.
In January, production by German car manufacturers dropped slightly. With 413,800 cars, 2 per cent fewer vehicles rolled off the assembly lines than the year before.
Wissmann stressed: “Given the lower number of working days, the production and export figures are not surprising. However, for the year as a whole we are expecting a positive result.”
|Passenger Cars *)||Units||Change
16/15 in %
|German makes incl. group makes||158.800||2|