German car market falls due to coronavirus

German car market falls due to coronavirus

April 5, 2020 0 By autotimesnews

The Germans, apparently, are carefully listening to the call to stay at home as much as possible. According to the latest sales data, trips to car dealerships have been largely canceled.

This, of course, is hardly big news, but sales figures in Germany also declined significantly. According to German analysts, in March 2020, 215,119 new passenger cars were registered, which is 37.7% less than in the same month last year. Individuals bought 34.4% less, and corporate sales decreased even by 39.6%.

Based on sales results, Germany distinguishes between German brands and foreign brands. All German brands recorded a significant decline in their country. In Mini, this decline was the smallest – 20.7%, while Smart in this area is at least 84.4%. Subaru managed to sell 1.6% more imported brands than last year. This is the only brand that can talk about an increase, the rest work between −2.8% (Lexus) and −63.2% (Alfa Romeo). Please note: a brand such as Skoda is also considered foreign in Germany. Volkswagen’s Czech subsidiary also turned out to be the largest import brand, followed by Seat and Fiat.

By the way, there is good news for cars equipped with alternative power plants. Not only more hybrids were sold, but also hybrids with plug-ins and electric vehicles that could attract more buyers. Profits for electrified models were obtained mainly from gasoline units, whose share is still 50%. Diesel – 31.6%.