Market and production forecast
German car market in July: double-digit increase in new registrations
Still well below pre-crisis level - BEV with high growth momentum
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.
|Passenger cars *)|
23/22 in %
|Januar - Juli 2023||Veränderung 23/22 in %|
|New registrations in Germany||243.300||18||1.640.200||14|
|German brands incl. Group brands||164.100||16||1.132.800||14|