German car market up at the start of the year
First growth in production and exports in seven months
In the first month of the year, 184,100 passenger cars were newly registered in Germany, a total of 8% more than in the same month last year. This is the first market increase since June last year.
In January, new electric vehicle registrations rose by 8% to 39,810 units. Of all new registrations, E-cars accounted for 21.6%. New registrations of purely battery-electric passenger cars (BEV) increased by 28%, while those of plug-in hybrids (PHEV) fell by 8%.
New domestic orders rose sharply in January, up 53% year-on-year. In 2021, the increase in VAT to the original level led to a low level of incoming orders. Foreign business fell in January: German manufacturers recorded a 6% drop in orders.
After seven double-digit declines in a row, passenger car production in Germany was up again last month. At the start of the year, German manufacturers produced 256,300 cars (+8%). Of these, 189,100 brand-new cars were delivered to customers abroad (+6%). At the same time, the production level was still more than 20% below figures of January 2020.