The number of new car registrations in Germany fell 32% in November. Tesla bucked the trend.

Published: Dec 7, 2021 17:09
[German new car registration plunged 32% in November Tesla bucked the trend] according to foreign media reports, Tesla became the biggest winner in the German market in November as electric vehicles continued to increase market share in Germany. Cumulative registrations in Germany this year fell 8.1 per cent year-on-year to 2.39 million in the year to November, according to data released by KBA. In November, the number of new car registrations in Germany fell 32% to 198258, while Tesla bucked the trend, surging 234% year-on-year to 5633.

Tesla became the biggest winner in the German market in November as electric vehicles continued to increase market share in Germany, according to foreign media reports.

Cumulative registrations in Germany this year fell 8.1 per cent year-on-year to 2.39 million in the year to November, according to data released by KBA. In November, the number of new car registrations in Germany fell 32% to 198258, while Tesla bucked the trend, surging 234% year-on-year to 5633. In November, Tesla's market share reached 2.8 per cent, surpassing Toyota's 2.6 per cent.

Tesla's new plant near Berlin is expected to start producing cars in December, and when it goes into production, Tesla will reduce his reliance on US and Chinese factories when selling cars in Germany and other European countries.

The global shortage of chips continues to have an impact on the German auto industry. "We have never experienced anything like this," Reinhard Zirpel, president of the Automobile importers Association VDIK, said in a statement. The customer wants to buy a car, but the manufacturer is unable to deliver the new car. "

In November, the registration of pure electric vehicles in Germany increased by 39% to 40270, with a market share of 20.4%; the registration of plug-in hybrid vehicles fell by 8.9%, with a market share of 14.1%; and the registration of diesel models fell by 56%. Market share 15.8%; gasoline model registration decreased 44%, market share 33.3%.

Of all the brands, Mazda suffered the worst decline in sales, with a decline of 59 per cent. In addition, the decline in sales of some brands is also significant. Ford is down 55%, Nissan is 49%, Citroen is 47, Jaguar is 46%, Audi is 45%, Volkswagen is 42%, Toyota is 40%, Mercedes-Benz is 37%, BMW is down 32%, Peugeot is down 31%, Opel is down 29% year-on-year.

South Korean brands Hyundai and Kia performed more smoothly, with Kia sales flat compared with the same period last year, while Hyundai fell 1.1 per cent. Other brands have achieved higher sales, including Mitsubishi and Mini, up 18 per cent and 9 per cent, respectively.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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