Production and exports both slow down
In July, a total of 332,800 passenger cars were newly registered in Germany – a rise of 5 percent on last year. It should be remembered that July of this year had one more working day than July 2018. New registrations for the year-to-date now come to 2.2 million units (+1 percent), which is the largest volume for the first seven months of a year since 2010.
Last month’s domestic orders fell 3 percent short of the 2018 result, although since the beginning of the year a good 3 percent more orders have arrived from within Germany. Foreign orders were 5 percent up on 2018 in July, but year-to-date orders have lost 4 percent.
German passenger car manufacturers built 359,400 cars at their domestic plants in July (-5 percent). Since January nearly 2.9 million new vehicles have rolled off their production lines (-12 percent). Exports have mirrored these trends: in July 288,000 passenger cars were supplied to customers all over the world (-6 percent). In the first seven months of the current year German OEMs exported 2.1 million cars, i.e. 14 percent less than in the same period last year.
|July 2019||Jan. - July 2019|
|Passenger cars *)||Units||Change
19/18 in %
19/18 in %
|German makes incl. group makes||241,800||6||1,537,300||1|