Slack foreign demand impacts on production and exports
In October 284,600 passenger cars were newly registered in Germany. That was 13 percent more than in the same month in 2018. Following the WLTP-related bottlenecks last year, the market is now benefiting from the full availability of the models. Year-to-date new registrations currently come to 3.0 million units (+3 percent) – the highest level the first ten months since 2009.
Incoming orders from Germany in October were 1 percent below last year’s figure. So far this year, 5 percent more orders have arrived from domestic customers. Last month orders from other countries showed a year-on-year fall of 4 percent, and the total since January is also down by 4 percent.
The German passenger car makers built 405,400 cars at their domestic facilities in October (-5 percent). In the first ten months of the current year, 4.0 million passenger cars rolled off the production lines (-9 percent). The weaker foreign demand is reflected in exports: in October 303,700 cars were supplied to customers around the world (-10 percent). Since the beginning of the year, 3.0 million passenger cars have been exported from plants in Germany, i.e. 12 percent less than in the same period last year.
|October 2019||Jan. - Oct. 2019|
|Passenger cars *)||Units||Change 19/18 in %||Units||Change 19/18 in %|
|German makes incl. group makes||205,600||15||2,127,100||4|