The end of the incentive program decreed by the Berlin Government led to the collapse of electric car sales in Germany which, compared to December 2023, decreased by 54.9% in January.
Crisis also for plug-in hybrids down by 19.6% in the first month of 2024.
According to data from the German Association of the Automotive Industry (Vda) in January - in the face of this 'green' crisis - they strongly strengthened traditional engines and therefore thermal engines.
In fact, sales of diesel cars grew by 9.5%, those of petrol models by 9.1% and those of cars powered by LPG by as much as 43.9%.
The recovery of Ice models - we read in Carscoops which reported the news - was not, however, sufficient to support the automotive market, which shrank by 11.7% compared to December 2023.
And the sudden end of incentives in Germany has undoubtedly made the decline in sales of electric models more acute, this is not the only reason for the decline in sales.
"The weakness of the economy, the high costs of financing and the considerable geopolitical tensions - Constantin Gall, director of the analysis company EY, declared to the Wall Street Journal - lead to reluctance to purchase on the part of both private individuals and companies".
While admitting that the lack of incentives will be a challenge for automakers, Gall added that "2024 will likely be a difficult year for the industry."
However, for the current year the German Association of the Automotive Industry (Vda) forecasts global growth of 2% in the car market, reaching 77.4 million units.
And this figure will almost equal the pre-pandemic level of 78.8 million.
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