German car sales drop 2.6% in February   [ Germany ]

On March 2, the Germany Federal Motor Vehicle Office (KBA) announced that there were 243,602 new passenger car registrations in February, a 2.6% decrease from the same month last year.
Volkswagen brand sales of 42,557 units (17.5% market share) dropped 18.6% in February compared to the same month in 2016.
Audi sales of 24,377 units (10.0% share) increased 4.2% from last year.
Mercedes sales of 21,765 units (8.9% share) decreased 2.1% in February.
Opel sales of 18,016 units (7.4% share) decreased 5.9% from last year.
BMW brand sales of 17,797 units (7.3% share) decreased 8.9% from the same month last year.
Ford sales of 17,934 units (7.4% share) increased 0.5% in February.
Sales of 20,613 trucks in February represented a decrease of 1.8% from the previous year’s results, while sales of 412 buses were basically flat from last year.
In February, gasoline-powered vehicles accounted for a 53.7% market share, diesel vehicles had a 43.4% market share, and alternative fuel vehicles had a combined 2.9% market share.
The VDA announced that monthly passenger car exports of 380,700 units had decreased 5.0% and domestic production of 492,100 units had decreased 7.0% from last February.

(KBA press release from March 2, 2017) (VDA press release from March 2, 2017)

<Mar 04, 2017>