Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Germany’s new passenger car registrations rose by 8.4pc to 265,227 units in September from the prior-year period. Registrations have been on a rise since the economy reopened in May, according to data released by Kraftfahrt-Bundesamt (KBA), the federal motor transport authority on Oct 5.


In the Jan-Sept period, however, car sales registered a decline of 25pc from the prior-year period.


Commercial registrations and private registrations rose by 3.5pc and 18.3pc, respectively, in September.


Among the German brands, Audi posted a double-digit sales growth with 42.4pc, while Mini, BMW, Mercedes, and Volkswagen posted sales growth of 4.7pc, 1.9pc, 1.9pc, and 1.6pc, respectively.


Other brands like Smart, Opel, Porsche, and Ford, however, registered a decline in sales by 41.2pc, 27.6pc, 19.7pc, and 0.8pc, respectively.


Sales of electric cars surged by 260.3pc to 21,188units in September, while hybrid car sales grew by 185.2pc to 54,036 units. Sales of plug-in vehicles rose by 463.5pc to 20,127 units.


In September, motorcycle registrations increased by 65pc to 18,509 units. Commercial vehicle registrations rose by 77.7pc, mainly led by busses. Registrations of tractors, however, witnessed a fall of 9.4pc with 2,348 new registrations.


Of the first time orders, the automotive and motor vehicle trailer segment posted an increase of 11.7pc and 20.9pc with 320,187 units and 30,912 units, respectively. 

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