Share of private customers reaches five-year record for first seven months – Domestic orders also rise strongly
In July the new registrations of passenger cars in Germany rose by 12 percent to 317,800 cars. In 2018 July had one more working day than it had last year, which helped produce the good result. Nearly 2.2 million passenger cars have been newly registered since the beginning of this year, which equates to a rise of 4 percent and is the largest market volume for the first seven months of any year since 2009. Bernhard Mattes, President of the German Association of the Automotive Industry (VDA), stressed: “This year private customers in particular are deciding to buy a new car.” Over the first seven months, the proportion of private customers came to 37.7 percent, which was the highest level for five years. Diesels accounted for 32.2 percent of new registrations from January to July (41.2 percent last year).
Domestic incoming orders also showed a strong rise in July, climbing by a good 9 percent. Accumulated domestic orders since January slightly exceeded last year’s level (+1 percent). Orders arriving from abroad also recorded a rise for the first seven months of this year (+2 percent).
Owing to factory vacation periods, the additional working day did not affect production and exports as much as it would have done otherwise. In July a total of 358,800 passenger cars rolled off the production lines at German plants (-5 percent). In the first seven months of 2018, 3.2 million passenger cars were built (-3 percent). Exports developed similarly: last month 299,200 vehicles were delivered to foreign customers (-6 percent). From January to July, the German manufacturers exported 2.5 million brand new cars (-2 percent).
|Jule 2018||January - Jule 2018|
|Passenger cars *)||Volume||Change
18/17 in %
18/17 in %
|German makes incl. group makes||224,600||15||1,506,300||5|