New-car registration in Germany hikes 5% in March 2014 to 296,408 units

Article by Christian A., on April 3, 2014

Germany posted higher new-car sales in March 2014, raising hopes that the European auto market’s recovery is gaining headway. New-car registrations in the country surged 5 percent to 296,408 in March, boosted by gains from major German brands except for Porsche and Smart, according to the Federal Motor Transport Authority KBA.

Sales to private buyers during the month surged 3 percent. New-car registrations in the first quarter of 2014 jumped almost 6 percent to 711,753. Car sales in France hiked 9 percent to 179,871 in March as the country's stop-and-start recovery seems to be taking hold.

New-car registrations in Spain surged registrations jumped 10 percent to 79,929 in March, marking its seventh consecutive monthly growth. Registrations in Italy jumped 5 percent to 139,337 vehicles in the month. Despite indications of recovery, industry watchers remained cautious.

David Barrientos, a spokesman for Spain's Anfac industry association, remarked that the country stands out in the European context because of the subsidies scheme. He noted that the next few months would be when most registrations occur and would be critical to securing the recovery.

UNRAE, a Rome-based industry grouping, cautioned that that sales growth in Italy was driven by unprofitable sales to rental firm. The group reiterated a call for tax breaks to incite consumer demand. In France, car sales jumped 9 percent in December 2013, but flattened in January and February.

Topics: germany, sales

If you liked the article, share on:

Pin It

Comments

Recommended

It’s quite safe to say that this generation marks the rise of the electric cars. For the past few years, automakers have been very busy trying to find the perfect...
by - March 28, 2017
Want to go for a sportier look, but don’t have enough cash to burn? Good news for future Ford Edge buyers, as the 2018 model year will have an optional...
by - March 28, 2017
Audi refreshes its portfolio as its go-faster division officially announces the release of six new RS models by the end of 2018. That’s quite a huge number of cars to...
by - March 28, 2017
Has Toyota started the production of a new electric supercharger? Well, a patent that was recently published indicated that they might have. And this electric supercharger looks more durable and...
by - March 27, 2017
The Tesla Model S has finally arrived in South Korean soil and is now available for test drive. But, there’s a catch. You’ll have to wait several months if you...
by - March 27, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries