New sports car registrations increased in October – at a low level. In the annual statistics, they are down 6.6 percent. All details.
The Federal Motor Transport Authority (KBA) in Flensburg recorded a total of 208,642 new car registrations in October 2022. This means that the number of registrations in the reporting month is 16.8 percent higher than in October 2021. Contrary to previous months, the sports car segment performed better than the market as a whole this month. In October, 2,142 sports cars were registered in Germany for the first time, an increase of 19.2 percent compared to the same month last year. While the overall market fell by 5.5 percent in the first ten months of the year, the registration rate for sporty cars is minus 6.6 percent. The market share here is 1.0 in October and 1.1 percent for the year as a whole – getting started looks different.
Porsche 911 with minus at the top
The top position of the Porsche 911 has long become a habit - 666 times new 911s found an owner. This means that the sports car is still a long way from the four-digit figures it once had. The market share is a low 31.1 percent, the KBA estimates the loss compared to the same month last year at minus 3.5 percent. And the pursuers are hot on the heels of the sports car master – by far. With 399 registrations, the Mercedes SL also held second place in October. Its market share is 18.6 percent, and the high number of commercial approvals speaks in favor of dealer approvals. The BMW Z4 can achieve bronze with 189 registrations, but the Bavarian has to accept a decline of 25.3 percent and only has a market share of 8.8 percent.
Looking at the wins and losses, it is clear that of the 23 listed sports cars, only three can score with positive signs. There's the Ford Mustang, up 6.3 percent in October, the Mercedes-AMG GT up 40.7 percent (and over 88 percent commercial registrations), and the Porsche Cayman up 15.6 percent. The losers include the Alpine A110 with minus 60.0 percent, the Audi R8 decreased by 54.3 percent and registrations for the Ferrari F8 fell by 46.9 percent.
Note: The registration statistics are official information from the Federal Motor Transport Authority in Flensburg. The division into the respective classes is based on a key number via the manufacturer. Models that are not available on the German market or that are no longer built can also appear in the statistics. This peculiarity can occur in the KBA statistics if, for example, foreign vehicles are registered in Germany for the first time or vehicles receive a new identification number.
Sports cars are certainly vehicles of longing - and will continue to be so. But it is becoming more and more apparent: anyone who spends a lot of money on a car in Germany would rather have a fat SUV in the garage than a sleek dynamic car. In addition, there is little to suggest that there will be a sustained turnaround in terms of market share – the overall market is currently going too crazy for that.