Categories: Business

Car market – Only motorhomes are booming – economy

The German car market breaks by almost half, especially BMW is affected. But there are also winners.

In Germany car factories, most of the bands after the Corona are run Lockdown now again. However, the buyers are holding back, according to the official data on passenger Car registrations, as before. In may only about half as many as in the same month a year ago, and have been approved accordingly, the well 168 000 cars new. The force travel Federal office in Flensburg, Germany, said on Thursday. Thus, the car market has in the Corona-crisis after the sharp downturn in March and April, recovered hardly. In April, new registrations had been even more than 60 per cent on the previous year and had fallen to the lowest level since 1991. Only one Segment was able to grow in the face of the Corona-restrictions in Hotels in may: 10460 campers were newly registered, 29 percent more than a year earlier.

The auto Association VDA warned on Thursday ahead of the long-term consequences of the break-in. “The companies in the automotive industry are in an unprecedented Transformation,” said VDA President Hildegard Müller. It relates to workshops, manufacturers and suppliers as well as Automotive dealerships and. “Without a robust economic perspective, you will be able to further development in the direction of climate protection and digitisation in the pace and scope of design, such as Germany needs,” said Müller.

Among the biggest losers BMW in Germany with a Minus of about 62 percent, Daimler’s Smart brand with a minus 91 percent. Slightly above the average, VW lost with a decline of 52 percent. Lower the Minus in the case of Mercedes (minus 43), Audi (minus 46) and Porsche (minus 44 per cent) fell.

Among the winners of alternative powertrains, albeit in low numbers. In the case of pure E-car, the registration plus, in may to 21 percent. However, only three out of 100 new registered vehicles were pure electric cars. Greater the share of hybrid vehicles, which feature an electric over a combustion engine. Your share is now at around 13 per cent of new registrations.

Jerry Rolon

After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

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