German new car registrations rose 19.4% year on year last month, the German international vehicle manufacturers’ association, or VDIK, said on Tuesday.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Most consumers opted for smaller, environmentally friendly models. The market share of VDIK members in the April figures was 41.9%, below the level in March, according to Dow Jones.
The number of new registrations was nearly 380,000. Adjusted for selling days, car registrations rose 30% in April compared with March. New car registrations in the first four months of the year were at the highest level since 1999, the group said.
The VDIK praised the government’s incentive scheme encouraging consumers to trade in old cars for new models.
