Porsche/Audi led the decline in Germany’s car sales slowed in October

[Global Network Report reporter Liu Yang] According to the “Automotive News” European version of the news, with the implementation of WLTP on the right track, the German car registration decline slowed down. According to data released by the German Ministry of Transport, Germany’s new car registrations in October fell 7.4% year-on-year to 252,800 units, compared with a 31% drop in September.

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The new WLTP regulations will be officially implemented in European countries on September 1. Car companies will be banned from selling vehicles that do not meet the standards. Therefore, in August, many car companies flocked to reduce inventory, resulting in a 25% year-on-year increase in car sales in the country. . 

In October, car companies handed in different “transcripts” in the German market. The biggest decline in sales was the two German local brands. Porsche has dropped 74%, followed by Audi, which has fallen 64%. Volkswagen brand sales fell 19%, Seagate fell 13%, and Skoda fell 8.8%. Nissan’s sales in Germany fell 52% year-on-year, Renault fell 37%, Peugeot fell 18%, Fiat fell 16%, and Hyundai dropped 2.6%.

Winners include Mitsubishi Motors, with sales up 63%, BMW brand up 26%, MINI brand up 20%, Mercedes up 19%, Smart brand up 23%, Volvo sales up 21%, Mazda up 12% and Ford up 5%. Toyota grew 2.4% and Opel rose 2.4%.

From January to October this year, German car sales totaled 2.92 million units, up 1.4% year-on-year.


Post time: Nov-08-2018