New car registrations: new record for electric share

178,700 new passenger cars were registered in Germany in October. That is 35% less than in the same month last year. At the same time, this means a decrease compared to the respective month of the previous year for the fourth month in a row. 2.2 million new cars were registered in the first ten months. This is a decline of 5 percent below the previous year's figure for this period.

New registrations of electric cars rose in October by 13 percent  to 54,400 units. The share of electric cars in total new registrations was 30.4 percent. This clearly exceeded the previous high from September. New registrations of purely battery-electric vehicles (BEV) rose by 32 percent  while those of plug-in hybrids (PHEV) fell by 5 percent.

New domestic orders fell slightly by 1 percent  in October compared to the same month last year. However, there has been an increase of 3 percent since the beginning of the year. The international business significantly decreased in October: German manufacturers faced a decline in orders of 27 percent. Since January, however, 7 percent  more orders have been received from abroad compared to the same period in the previous year.

Production in German automobile manufacturing plants fell again in October. A total of 237,000 cars were manufactured (-38 percent). In the first ten months, domestic production amounted to just under 2.6 million cars (-8 percent). Delivery bottlenecks for semiconductors have been again the determining obstacle to production in the past month. Exports also fell in October: 177,700 cars (39 percent) were sold abroad. In the year to date, almost 2.0 million cars (-6 percent) have been delivered to customers around the world.