German car market in July: double-digit increase in new registrations

New passenger car registrations in Germany increased by 18% in July to a total of 243,300 cars. In the year to date, new registrations have totaled 1.6mn passenger cars. That is 14% more than in the previous year. Despite this solid development, the pre-crisis level of 2019 is still a long way off: compared to the first seven months of 2019, new registrations are 25% lower.

New registrations of electric cars also developed positively in July. The market volume for electric cars rose to 63,100 vehicles. This means an increase of 20% compared with the same month last year. New registrations of PHEVs fell by 40% to 14,300 units. In contrast, new registrations of BEVs increased by around 69% compared with July 2022 to a level of 48,700 units. Thus they developed much more dynamically than the car market as a whole. A total of 362,500 e-cars were sold in the first seven months of the current year. This is 1% more than in the same period last year.