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German passenger car market contracts in November

Berlin, 04 December 2018

German passenger car market contracts in November

In November a total of 272,700 passenger cars were newly registered in Germany, which represents a year-on-year fall of 10 percent. However, November 2017 had in fact generated the best November result since 2006. A similar underlying effect can also be observed in domestic incoming orders that were unusually buoyant one year ago. Last month they were 18 percent down on the 2017 result.

While the proportion of diesel cars came to 34 percent in November, matching last year's value, the share of private ownership among the new registrations slipped again last month – to 34.1 percent (36.6 percent in Nov. 2017).

Year-to-date orders from customers in Germany are nearly 4 percent lower than in the same period last year. The 3.2 million newly registered passenger cars equaled last year's figure.

In November 450,500 passenger cars were produced in Germany. That is 22 percent less than in 2017. However, in November last year car production was at an all-time high of 581,200 units, partly due to specific statistical effects (timing of inventories). Added to this there was the impact of the switch to the new testing procedure WLTP.

In the first eleven months of 2018 a good 4.8 million vehicles rolled off Germany's production lines (-9 percent). By contrast, production abroad by German group brands has increased by 6 percent this year (January to October 2018), rising to 9.3 million passenger cars.

Last month the German OEMS exported 344,100 units from Germany. This equates to a fall of 22 percent. Exports since January now total just over 3.7 million units, i.e. 8 percent down on last year.

 

November 2018

January - October 2018

Passenger cars *)

Volume

Change
in %

Volume

Change
in %

New registrations

272,700

-10

3,198,700

0

of which
German makes incl. group makes

194,500

-8

2,217,100

0

Foreign Makes

78,200

-13

981,700

1

Export

344,100

-22

3,743,300

-8

Production

450,500

-22

4,814,500

-9

*) Estimate

Source: VDA/KBA

Eckehart Rotter
Eckehart Rotter Head of Department Press

Tel: +49 30 897842-120 Fax: +49 30 897842-603
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