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Automotive Report Germany 1st Quarter Product Image

Automotive Report Germany 1st Quarter

  • Published: January 2014
  • Region: Germany
  • 13 Pages
  • The Economist Intelligence Unit

Germany's automotive market is the largest in the EU, but still modestly sized compared with China or the US. Since 2000, annual average new-car sales of 3.2m and commercial vehicle sales of almost 300,000 have been accompanied by a steady rise (amid volatility) in domestic vehicle production output. Germany is the fourth-largest vehicle manufacturer in the world and the largest in Europe.

New passenger car registrations fell by 2.9% in 2012 and a further 4.2% in 2013, following a period of post-recession volatility skewed by the effects of an official subsidy scheme in 2009-10. The weakness in 2012-13 reflects a protracted demand slump across Europe.

However, there have been recent signs of a bottoming-out in the automotive market across western Europe. The Economist Intelligence Unit forecasts a gradual recovery in new registrations in Germany in 2014-15 on the back of a modest improvement in sentiment. But there is little prospect of a sustained turnaround in demand, given the uncertainty that will persist across the euro zone. Sales trends are likely to remain volatile on an annual basis.

Industry List: Automotive, Automotive, Commercial and other vehicles, Automotive, Fuel sources, Automotive, Passenger vehicles
Industry Codes (NAIC): 336
Industry Codes (SIC): 37

Automotive Report Germany 1st Quarter

Automotive report

Automotive report: Overview

Automotive report: Passenger cars

Automotive report: Commercial and other vehicles

Automotive report: Production

Automotive report: Fuel sources

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