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

Article by Christian Andrei, 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:

Comments

Login or Create new account to add a comment!

Recommended

The 2018 model year could be an exciting year for fans and enthusiasts of the Chevrolet Corvette. This comes as the 2018 version of the Corvette is bound to feature...
by - January 19, 2017
As if seeing the future more than a decade from now, one of the top scientists in the world of robotics and automations is predicting that children born today won’t...
by - January 19, 2017
Ford has just recently unveiled the 2018 Ford Mustang, and as it turned out, the carmaker gave its beloved pony car a facelift. There have been mixed reactions about the...
by - January 19, 2017
The bidding war for one of the only 20 examples -- 21 actually, but the 00 version went to a museum -- of the classically beautiful Lamborghini Reventon built and...
by - January 18, 2017
Bentley once again confirmed its plans to push PHEV into their future lineups. As a matter of fact, the Bentayga SUV will be the first to have the plugin hybrid...
by - January 18, 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