Germany sees new-car sales rising 8.1 percent to 280,689 in September

Article by Christian A., on October 7, 2011

Germany’s new-car sales go up even as the primary markets in Europe are on a downward trend. Germany’s new-car sales climbed 8.1 percent to 280,689 units last month. From January to September, sales improved 10.8 percent to 2.4 million compared with the same period a year ago, the KBA federal registrations agency revealed on Wednesday.

The VDIK German auto importers association explained that this positive result stemmed from a five-percent gain in private registrations as well as a 15-percent rise in commercial registrations. High-margin huge vans, luxury sedans and sports utility vehicles stimulated the market demand.

The KBA related that there have been slower sales of compact vehicles famous during a subsidy-induced growth, down 14 percent in the January-September duration in an industry that increased 11 percent.

Amongst the leading automakers in September were Volkswagen with a 17 percent rise and its high-class brand Audi with a 20 percent leap. Porsche increased 64 percent while Ford gained sales by a fifth. In comparison, sales of Japanese vehicle manufacturers Mitsubishi, Suzuki, Mazda and Subaru dropped greatly. The increasing value of the yen couldn't be held responsible since Honda and Nissan both had strong months.

Other information furnished by Germany's automotive industry group VDA revealed production growth trailed new registrations in September, indicating that about 50 percent of new sales were imports and hinting that German domestic demand was encouraging business activities in other countries. German vehicle exports rose by 6 percent last month, somewhat beneath the prior year-to-date number.

However, the VDA reported that foreign demand held up nicely as new orders from overseas improved 11 percent. VDA President Matthias Wissmann commented that growth is "slowing down somewhat," but it is already evident that they are above the level of the previous record year from 2007 and will hit a new export record in 2011. The VDA President further disclosed that German production facilities were operating nearly flat out.

If you liked the article, share on:

Topics: germany, sales

Comments

Recommended

Earlier in November at the 2017 SEMA Show in Vegas is when Hennessey unwrapped the Venom F5 to all of us. But it was actually first introduced as a concept...
by - November 22, 2017
Mercedes-Benz just made an announcement that the 2018 E Class Cabriolet has finally landed in the United States. If you had not known, the E Class will be positioned in...
by - November 22, 2017
After a somewhat successful fray into the automotive market in China, the resurrected German automobile brand Borgward is finally heading to Europe, bringing along with it the Borgward BX7 sports...
by - November 22, 2017
Automotive industry veteran Bob Lutz has once again spoken out against Tesla. Known as one of Tesla Motors’ greatest skeptics, Lutz had stated two years ago that the Silicon Valley...
by - November 22, 2017
Dubai is one of the few countries where expensive cars are the norm, many of which are specially modified as well. And this just in: Bentley has debuted the new...
by - November 21, 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