Germany 2023. Auto Market Recovered Moderately (+7.4%)

160
The 2024 Audi SQ8 Sportback e-tron quattro
The 2024 Audi SQ8 Sportback e-tron quattro

German Cars Market recovered moderately in 2023. Following the previous  years decline, in 2023 sales increased at 2.83 million (+7.4%), less than expected due to unfavorable economic environment.

Market Trend and Outlook

The German auto market in 2023 registered a total of 2.83 million sales (+7.4%). The month of December continues a downwards trend following 3 negative months with a total of only 240,979 sales (-22.6%).

Looking at cumulative data from 2023 brand-wise, Volkswagen sold the most cars at 519,089 (+7.9%), followed by Mercedes at 277,352 (+13.7%) in front of Audi at 246,880 (+15.7%) and BMW with 233,160 sales (+11.2%).

Skoda gains 1 spot and ranks in 5th position with 168,561 sales (+17.1%), followed by Opel -down 1 spot- at 144,901 sales (+0.2%), Ford at 116,578 (-11.2%) and Hyundai with 105,033 new registrations (+0.0%)

Seat jumps 5 spots into 9th position with 85,082 sales (+28.1%), followed by Fiat  -up 1 spots- closing the top 10 with 76,535 new registrations (-1.6%).

Looking at specific models the Volkswagen Golf is the best seller despite losing 3.8% in year-on-year sales, followed by the Volkswagen T-Roc up 16.5% from the previous year.

Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models.

This content is for members only.
Login Join Now