Double-digit growth in domestic production and exports in August
In August new registrations on Germany’s passenger car market continued their positive development: totaling 253,700 passenger cars, nearly 4 percent more new vehicles were sold than in the same month last year. In the first eight months of this year new registrations of passenger cars rose by 3 percent to over 2.3 million units.
As expected, new registrations of passenger cars with diesel engines continued to fall last month (-14 percent). In August the proportion of diesels came to 37.7 percent (45.3 percent in August 2016). In the first eight months of 2017, 40.9 percent of all new passenger car registrations were of diesels, as compared with 46.7 percent in the same period in 2016.
Domestic orders for passenger cars added 1 percent in August. Year-to-date orders from within Germany match last year’s level. Accumulated orders from abroad this year are currently 3 percent up compared with 2016; August saw a year-on-year rise of 5 percent.
Last month the German manufacturers exported 357,300 passenger cars, which represents growth of 13 percent. However, this year’s exports have so far only amounted to 2.9 million units, which was slightly down on last year’s level (-1 percent).
In line with the rising exports in August, the OEMs also built more passenger cars in Germany last month. A total of 459,900 units were produced, i.e. 12 percent more than in August last year. In the first eight months of this year around 3.8 million new vehicles rolled off the production lines (-2 percent).
|August 2017||January - August 2017|
|Passenger cars *)||Volume||Change
17/16 in %
17/16 in %
|German makes incl. group makes||172,300||2||1,606,400||0|