Modest growth in production and exports
The German passenger car market showed keen growth in May, with registrations of new passenger cars rising by 12 percent to 286,900 vehicles. In the first five months of this year, new car registrations exceeded last year’s level by 7 percent. One reason behind the good May result was an additional working day.
Of the nearly 1.4 million new passenger cars registered so far this year, 47.1 percent had a diesel engine (January – May 2015: 48.3 percent). Year-to-date sales of diesel cars have added 4 percent. In absolute figures 656,150 diesel passenger cars have been newly registered in Germany since the beginning of the year. This is a new record. Never before have so many diesel cars been sold in the first five months of a year.
Domestic incoming orders in May were 3 percent up on the same month last year, and the year-to-date total has increased by a good 1 percent. Last month’s orders from abroad matched the previous year’s result. From January to May 1 percent more orders arrived from other countries.
Matthias Wissmann, President of the VDA), stressed, “In May automotive business in Germany continued the positive trend of recent months. The ongoing recovery on the European vehicle markets benefits the German companies, as shown by the export figures. It is also worth noting that many customers are clearly very well aware that the new Euro 6 diesel cars meet the highest environmental standards.”
Exports from German plants in May exceeded last year’s figure by 3 percent (350,000 units). In the first five months 1.87 million passenger cars were supplied to countries other than Germany (+1 percent).
Production in Germany also increased, stimulated by the export growth. In May 450,300 passenger cars were built (+1 percent). This year so far a total of 2.47 million cars have rolled off the production lines (+3 percent).
|May 2016||January - May 2016|
|Passenger cars *)||Volume||Change
16/15 in %
16/15 in %
|German makes incl. group makes||202,700||10||999,600||6|