In July, around 315,000 cars were registered on Germany’s roads, only a good 5 percent fewer than in the previous year. Alternatively powered vehicles increased significantly.

In July, the German car market showed itself to be more stable again.

Se lower value added tax and a higher premium on the purchase of alternatively powered cars have been in effect in this country since the beginning of July in order to stimulate the economy. There is now a positive trend in the registration figures.

In the past month, a total of around 315,000 new cars were registered on Germany’s roads, as the Federal Motor Transport Authority announced on Wednesday. That still corresponds to a minus of a good 5 percent compared to the same month last year. However, in times of shutdown production, closed car dealerships and registration offices, the local car market had previously collapsed by a clear double-digit rate. In the first seven months, a total of almost 1.526 million cars were registered, which corresponds to a decrease of 30 percent compared to the same month last year.

Accordingly, in July it was mainly private individuals who decided to buy a new car. Their share of new registrations rose by a good 7 percent to 41 percent. Commercial buyers, on the other hand, held back, their share fell by 12.5 percent to around 59 percent.

Alternative drives are increasing significantly – starting from a low base

While the gasoline-powered segment fell by around a fifth, but still remained the preferred drive of local drivers with a share of 49 percent, alternative-powered vehicles in particular continued to grow significantly in July after the federal government’s bonus for buying one such a vehicle had been topped up again.

The alternative drive types therefore showed in some cases three-digit growth compared to the same month last year, albeit starting from a low level. In July, just under 16,800 new electric cars were registered on Germany’s roads, which corresponds to an increase of more than 180 percent and a share of the total new registrations of 5.3 percent.

Hybrids also recorded significant increases. A total of 52,488 hybrids were newly registered, an increase of 143.5 percent, which corresponds to a share of 16.7 percent. These included 19,119 plug-in hybrids, which in turn rose by around 485 percent and corresponded to a share of 6.1 percent.

With a view to the car brands, the premium manufacturers BMW and Mercedes-Benz were robust. The registrations of Mini increased by a good 35 percent, those of the core brand BMW by a good 17 percent, those of the Stuttgart competition by almost 11 percent. The sports car manufacturer Porsche still recorded an increase of 2.4 percent.

On the other hand, it went back for Volkswagen. The VW brand still achieved the largest market share with 19 percent, but new registrations fell by a good 3 percent. The registrations of the sister brand Audi even fell by a fifth. Opel had to accept a particularly significant damper with a minus of a good 45 percent, and Ford also lost a good 22 percent in new registrations.