The German passenger car market proved buoyant again in April. New registrations totaled 310,700 cars, thus maintaining a high level (-1 percent). Year-to-date registrations of passenger cars come to 1.2 million, which equals last year’s result.
Domestic incoming orders made a significant year-on-year gain last month. German customers ordered 12 percent more passenger cars than they did in April 2018. Since January this year 8 percent more orders have been received from domestic customers. By contrast, the German OEMs received 4 percent fewer orders from abroad this April. After the first four months of 2019, the accumulated result was 7 percent down on last year.
Economic uncertainty in some European countries – due to Brexit in particular – has held back demand since the beginning of the year, and impacted above all on domestic passenger car production. The German auto makers built 414,300 cars in April (-15 percent). Total production since January comes to 1.7 million units (-12 percent). Last month 305,800 brand new cars were supplied to customers around the globe (-23 percent). So far this year 1.3 million vehicles have been exported (-14 percent).
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SOURCE: VDA
