New car registrations are recovering only slowly

BERLIN (dpa-AFX) – Car sales in Germany are only slowly getting going. In February, 200,512 cars were newly registered, as the Federal Motor Transport Authority announced on Thursday. That was 3.2 percent more than a year earlier, but significantly less than before the Corona crisis.

Despite many orders, many car manufacturers cannot produce as much as they would like because semiconductors are scarce. The war in Ukraine is also slowing things down. At Volkswagen (Volkswagen (VW) vz) and BMW, for example, there is a lack of supplier parts from western Ukraine, which leads to production outages.

The Association of the Automotive Industry spoke of uncertainties due to the war. “The industry will once again have to prepare for a very difficult year,” said the Association of International Motor Vehicle Manufacturers.

Large vehicles continue to sell well in Germany: SUVs and off-road vehicles accounted for a good 37.4 percent of all new registrations in February, and small cars for around 13.3 percent. About every seventh new car was an electric car that was only powered by a battery.

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