New registrations March 2017

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New registrations March 2017
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D he German new car market is heading into spring with a lot of momentum. After three months, it was 844,684 new car registrations, 6.7% higher than in the same period of the previous year. In total, the KBA recorded 428,680 new vehicle registrations for March, which corresponds to an increase of 11.3%. In the first quarter, the KBA recorded 978,196 new vehicle registrations (+ 6.2%).

In line with the good overall figures, the market hardly knows any losers. But all the more winners. Tesla can book the absolute highest growth rate in the current year. the electric car manufacturer increases by 157.7%. Big increases were also recorded for Alfa Romeo (+ 77.8%), Lexus (+ 75.2%) and Jaguar (+ 72.4%). Dacia (+ 35.2%), Renault (+ 28.8%), Fiat (+ 28.5%) and Ssangyong (+ 22.4%) are also really good.

Among the few losers in the annual balance sheet so far include Honda (- 24.9%), DS (- 23.3%), VW (- 4.3%) Subaru (- 2.5%) and Smart (- 1.9%) .

The used car market is also up

The used car market also delivers a positive picture. In March, 725,149 cars were given a new owner (+ 8.2%), a total of 845,763 vehicles changed owners (+ 9.9%). For the first quarter of 2017, the KBA reports 1,855,711 changes of ownership for cars (+ 2.3%) and 2,097,051 changes of owners for all vehicles (+ 3.1%),

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