New car sales continued to surge in Germany last month as volume rose 40% year on year to 427,000 units according to car makers’ association VDIK. First half registrations were 26% ahead of 2008 at just over 2m units.
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VDIK said the increase in Germany compared with declines elsewhere in Europe showed the usefulness of the government’s scrappage incentive.
But it cautioned it does not expect growth to continue at the same pace in the second half.
Junes sales were again led by small cars, while registrations of premium cars, mid-size models, sports cars and vans fell at double-digit rates, VDIK added.
Scrappage incentives launched in February pay German motorists EUR2,500 (US$3,528) to scrap cars at least nine years old if they buy a new model from any automaker in exchange. The scheme runs until the end of 2009.
