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02.07.2019

German passenger car market slightly up in the first half of the year

International manufacturers increase market share again

Bad Homburg. The German passenger car market grew again slightly in the first half of 2019. The number of new registrations rose by 0.5 percent to 1.85 million units, according to the Federal Motor Transport Authority. This means that the passenger car market was at its highest level since 2009. With a plus of 2.1 percent, international motor vehicle manufacturers grew significantly faster than the overall market. 718,600 passenger cars of international brands were registered. In the first six months of 2019, the market share of the VDIK members rose to 38.9 percent (previous year 38.3 percent). Since 2015, the market share has climbed by a good 3 percentage points.

VDIK President Reinhard Zirpel: "The half-year results for the German passenger car market are very positive. After several years of growth, the market has reached a very high level - and still continued to grow. For the year as a whole, we expect the positive market trend to continue."

As expected, there was a decline in new registrations in June. A total of 325,200 new passenger cars were registered, 4.7 percent fewer than in the same period last year. However, June 2019 had 2.7 working days less than the same month last year.

Alternative powertrains

Significant growth rates were recorded for alternative powertrains. 47,584 new electric vehicles were registered in the first half of the year, an increase of 40 percent. These included 31,059 cars with battery electric drive (plus 80 percent). In addition, 16,525 plug-in hybrids were newly registered, a decrease of 1 percent.

VDIK President Reinhard Zirpel explained: "The market for vehicles with alternative powertrains is continuing to gain momentum. Nevertheless, the momentum is not yet sufficient. That is why the German automotive market needs further incentives for alternative powertrains".

Private market and diesel

Private new registrations fell by 4 percent in the first half of the year. Nevertheless, the private market remained well above the long-term average. The decline for import brands was smaller at minus 1.7 percent, increasing their market share to 46.9 percent (previous year 45.8 percent).

The market for diesel passenger cars recovered slightly. With 608,800 registrations in the first six months of 2019, an increase of 3.1 percent over the same period in 2018 was achieved. Around 75 percent of these vehicles already met the new Euro6d-Temp emissions standard, which will not become mandatory until September. The diesel share stabilized at 32.9 percent in the first half of 2019 (first half of 2018: 32.1 percent).