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Consequences of the new emissions standard: car sales in Europe is collapsing

2019-09-18T10:46:38.592Z


In the previous year, automakers had launched many cars with high discounts to customers because of the conversion to the new emissions test WLTP. This boom is over now.



Car sales in Europe slumped noticeably in August. In the European Union, around 1 million new cars were registered last month, 8.4 percent fewer than in the same period last year. This was announced by the European industry association Acea.

In August of last year, automakers had sold many older-standard cars to customers with high discounts due to the switch to the new WLTP exhaust test procedure. This boom was not repeated.

The collapse in Spain was highest at almost 31 percent. In Germany , he was with 0.8 percent in limits.

Among the individual manufacturers, the VW brand lost almost 14 percent, at Renault and Fiat Chrysler , the decline even amounted to about a quarter. BMW came away with a minus of about five percent off, while Daimler with its brands Mercedes-Benz and Smart could even gain a total of about 23 percent.

Source: spiegel

All business articles on 2019-09-18

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