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:

Comments

Recommended

A few months ago, Mercedes-Benz promised that they will be treating everyone to a “big surprise” during the Monterey Car Week. And true enough, many of us were stunned as...
by - August 19, 2017
McLaren has already shown some interest in electrifying their models. And initially, we thought that they will just use hybrid systems to use across their current lineup. Nevertheless, we have...
by - August 19, 2017
Fifty years after its glorious victory at the 24 Hours of Le Mans, Ford launches the 2018 Ford GT ’67 Heritage Edition at the 2017 Monterey Car Week. The red...
by - August 18, 2017
Hyundai has recently unveiled an unnamed pre-production model of its new fuel cell SUV. We don’t know what to call this model just yet, but sources say that this model...
by - August 18, 2017
This weekend at the 2017 Pebble Beach Concours d’Elegance, the BMW Z4 Concept will make its first public appearance. The good news is that we will finally have a real...
by - August 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