New car sales in Germany fell 20% in August. Tesla and BMW led the rise.

It is reported that new car sales in Germany fell 20 per cent year-on-year to 251044 in August, according to figures released by (KBA), the German transport ministry. As of August, cumulative car sales in Germany fell 29 per cent year-on-year to 1.77 million units in 2020.

Since the outbreak of novel coronavirus, the German car market has experienced double-digit declines for several months in a row. The decline in sales in July this year seems to have slowed, at just 5.4%. However, the decline in August once again made people realize that, as the largest car market in Europe, the German car market still faces serious challenges.

Last month, major car brands had a mixed performance in Germany. Brands such as Tesla (up 454 per cent), BMW (up 15 per cent), Nissan (up 14 per cent) and DS (up 12 per cent) were winners, bucking the trend. Other brands with higher sales include Toyota (up 8.9 per cent), Mini (up 3.3 per cent) and Fiat (up 1 per cent).

By contrast, brands with the biggest sales declines include Dacia (down 64 per cent), Porsche (down 50 per cent), Opel (down 47 per cent) and Seattle (down 40 per cent). Other brands with declining sales include Audi (down 35 per cent), Citroen (down 28 per cent), Ford (down 26 per cent), Peugeot (down 25 per cent), Skoda (down 20 per cent), Volkswagen (down 17 per cent), Hyundai (down 16 per cent), Renault (down 13 per cent), Mitsubishi (down 13 per cent) and Mercedes-Benz (down 3.7 per cent).

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