Strong rise in orders in December – High export quota
A good 3.4 million passenger cars were newly registered in Germany in 2017, generating a year-on-year rise of 3 percent. Matthias Wissmann, President of the German Association of the Automotive Industry (VDA), stressed: “Last year, the German passenger car market grew for the fourth time in succession and reached the highest volume this decade.”
In December 2017 a total of 254,000 passenger cars were newly registered in Germany (-1 percent). Here it should be remembered that last month had two working days less than December 2016. Domestic incoming orders increased by nearly 11 percent in December. Wissmann underscored, “Incoming orders are continuing their dynamic trend, which gives us confidence as we begin 2018.”
The German passenger car manufacturers produced 361,700 vehicles in December (-2 percent). The figure for 2017 as a whole just exceeded 5.6 million cars (-2 percent).
Passenger car exports from Germany totaled 305,700 units last month, which matched the result from December 2016. In 2017, the German car makers delivered almost 4.4 million cars (-1 percent) from Germany to customers all over the world. Orders arriving from abroad added 9 percent in December. “Just how much Germany’s success as an automotive location depends on the international market is illustrated by a simple statistic: in 2017, 77.4 percent of all passenger cars built in Germany were exported. This export quota is a new record,” Wissmann explained.
|December 2017||January - December 2017|
|Passenger cars *)||Volume||Change
17/16 in %
17/16 in %
|German makes incl. group makes||174,800||0||2,386,900||0|