How is the German car market doing, especially after the pandemic years and the energy crisis? The Federal Motor Transport Authority published figures for the past year that reveal a clear trend.
The 9-euro ticket , the prospect of the e-car premium being abolished , the energy crisis. How is this affecting the car market as a whole? The Federal Motor Transport Authority has published figures for the past year that show how the car market has developed in 2022 and especially with regard to the pandemic years.
REASONS TO TURN OR NOT? THAT’S HOW MANY CARS THE GERMANS BOUGHT
You want to get people off the streets and into public transport. And yet: Germans are attached to their cars and will continue to diligently buy new vehicles in 2022, as the new figures from the Federal Motor Transport Authority show. As a result, 2.65 million new cars found their way onto the streets last year. That is 1.1 percent more than in 2021. What is interesting is that people bought a striking number of cars, especially in December, so that a total of 314,318 new cars were registered.
If you look at the numbers in detail, however, the car market was not yet able to recover from the pandemic in 2022, which is primarily due to the chip shortage that prevailed in 2021. This pushed sales of new cars to a record low. In comparison, 3.6 million vehicles were sold in 2019.
As the VDA also sums up, the market continued to be depressed by various factors. These include not only the exploding prices for energy and raw materials, but also the continuing lack of accessories.
ELECTRIC CARS REMAIN POPULAR
The demand for electric cars, on the other hand, will remain unbroken in 2022 – on the contrary: Germans bought more electric cars than before. According to the VDA, 174,200 e-cars were newly registered in December alone, which means an increase of 115 percent compared to the previous month. In 2022 as a whole, 470,559 purely electrically powered cars were registered in Germany, which means an increase of 32.2 percent.
In addition, SUVs were particularly in demand (29.3 percent), compact cars (around 16 percent) and small cars (12.4 percent). Despite some losses, VW in particular was able to continue to defend its leading position.
