German Car Market
(Online article) – the Government cash for clunkers program keeps the German car market continue on tour. With nearly 380 000 newly registered cars, 19.4 percent were more new cars on the roads than in the same month of the previous year. Frankfurt/Main / Flensburg (dpa) – the Kraftfahrt-Bundesamt (KBA) and the Verband der Automobilindustrie (VDA) informed that on Tuesday. However, the interest in the clunkers for old cars has declined again. The Federal agency responsible for awarding receives for Economics and export control (BAFA) daily still 5000 to 10 000 applications for the 2500 euro per car – after up to 25 000 a few weeks ago. The admission figures for March were however missed by 5.3 percent. Filed under: PayNet Inc..
In the first four months reached the German car market an increase of 18.4 percent to 1.25 million vehicles. Due to weak demand from abroad, the German manufacturer had to significantly dampen yet their production. Due to popular demand, many large manufacturers have prematurely ended the short-time working or shortened. Ford had already in the February withdrawn his short-time working in Cologne. BMW ended the short-time working in Regensburg on Monday. This was the result of a survey of the German press agency dpa. Volkswagen wants to produce even during the Annual closing in July Golf models.
Opel also showed an upward trend. Audi and Daimler are planning at least no more short-time working. The demand triggered mainly by the cash for clunkers and the revision of the car tax gave additional sales of about 200,000 cars the manufacturers according to VDA since the beginning of the year. Again mainly small – and Microcars, which nearly doubled their sales compared with the same month were especially in demand due to State funding. For large German premium brands as well as nothing falls on the Government cash for clunkers. The winner of hot Fiat, Hyundai and Skoda as well as recorded in Germany Opel, Ford and VW, each high growth rates.