The car market in Germany continued to drive in March. The number of new registrations fell by 3.9 percent last month to around 253,500 cars, as the Federal Motor Transport Authority (KBA) announced on Thursday. The first quarter with almost 665,000 new cars is 4.3 percent below the previous year. Achieved by the German car manufacturers Audi,, BMW and Volkswagen Easy growth in the first quarter. Mercedes-Benz stayed slightly during the previous year. The VW brand Porsche And the Stelltis subsidiary Opel suffered by 35 percent.
“The new car market remains under great pressure,” explained the management consultancy EY. The economy remains very weak, the mood in the German economy is bad, accompanied by savings and job cuts in companies. Ey auto expert Constantin Gall said that the US customs policy is now causing additional uncertainty that could have significant economic consequences. A glimmer of hope is the further increase in car production by eight percent in March. After three months, the production was still 14 percent below the volume of 2019, the year before Corona pandemic, despite five percent growth.
The US electric car manufacturer recorded the manufacturers with four-digit registration numbers Tesla In the first three months, the strongest break-in by 62 percent, while e-cars of other brands together by 39 percent compared to the very weak quarter of the previous year. The controversial political commitment of Tesla boss Elon Musk On the side of US President Donald Trump And model change at the Model Y sales hit let the carmaker’s sales drop by 13 percent worldwide in the first quarter. Tesla had high double -digit losses in several European markets.