Classics Study: German car market continues to normalize

08:40  26 november  2022
08:40  26 november  2022 Source:   pressfrom.com

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increasing production figures and the behavioral demand lead to a gradual normalization of the German car market in favor of the customers.

Der deutsche Automarkt normalisiert sich. © Hendrik Schmidt/DPA central picture/e.g. The German car market normalizes.

"The time of the long delivery times and offer bottlenecks is slowly coming to an end," sums up the Duisburg Center Automotive Research (Car) in its market study for November. After many months, customers could choose more with a narrow offer and hope for discounts. This applies to new cars as well as for used.

The role of German manufacturers

as the main reason names Student Director Ferdinand Dudenhöffer the strong production of the German manufacturers. In October alone, almost 278,000 cars were built in Germany than in the same month of the previous year. For the year 2022, he therefore expects 3.5 million cars from domestic production. This is still far from the production records from 2015 and 2016, but compared to 2021 with its production bottlenecks, a plus of half a million pieces. With the exception of BMW,

now also offer all manufacturers on their own portals in subscription, including insurance benefits, determines Car and has registered a new record in this form of sales with a total of 621 offers. With important volume models, established manufacturers such as VW or Ford also offer internet discounts for self-configured new cars of up to 20 percent.

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This is interesting!