A third more new cars registered - conciliatory end of a difficult car year

Created: 05/12/2022 17:41

The car year 2022 ends on a happy note for the automotive industry.

In November this year, a third more cars were registered than in the previous year.

© Marijan Murat / dpa

An otherwise not easy year ends with a ray of hope for the German auto industry.

New registrations have increased.

Berlin – Shortly before the end of the year, the upward trend in the automotive industry solidified: 260,512 new cars were registered in November.

That was a good 31 percent more than in November last year, as the Federal Motor Transport Authority (KBA) announced on Monday.

The city SUVs, which are viewed by critics as particularly harmful to the climate, continue to account for the largest share of registrations, at almost a third.

In this segment, the number of new registrations also increased by more than 31 percent.

Almost 58,000 new electric cars hit the streets in November.

That was 44 percent more than in the same month last year.

According to the KBA, more than every fifth new car had an electric drive – with the exception of plug-in hybrids.

Auto industry: "Hope" after a difficult year

"At the end of a generally disappointing automotive year, there is hope for a small final spurt," said the President of the Association of International Motor Vehicle Manufacturers, Reinhard Zirpel.

“November went quite well.

There are also indications of good registration figures for December.”

Sales of new cars had fallen significantly this year, in particular due to delivery problems with semiconductors and other components.

This situation has now improved, said Peter Fuss, partner at the consulting firm EY.

“However, the supply of parts and the global supply chains are still tense.” Nevertheless, he also expects a significant increase in sales in December.