The Association of International Motor Vehicle Manufacturers (VDIK) welcomes another new member. Genesis was admitted to the VDIK by decision of the Board of Directors. This means that the association now represents 45 brands of international passenger car and commercial vehicle manufacturers in Germany. Genesis is a Korean premium luxury [...]
According to the Federal Motor Transport Authority, 224,800 new passenger cars were registered in Germany in September. This is 14 percent more than in the same month last year. In the first nine months of this year, the volume of new registrations fell by 7 percent to 1.87 million units. [...]
Like the market as a whole, new registrations of alternative drive vehicles increased by around 3 percent in August. In the first eight months of this year, about 1 percent more new electric cars, hybrids with and without plugs, mild hybrids and gas-powered passenger cars were registered, totaling more than [...]
Demand for vehicles with alternative drive systems fell by 6 percent in July. On a cumulative basis, alternative powertrains remain up 0.4 percent, with battery electric vehicles and non-plug-in hybrids in particular contributing to this development with growth of 13 and 3 percent respectively. These two types of drive account [...]
The German passenger car market continued to decline at the beginning of the second half of the year. In July, 13 percent fewer new passenger cars were registered than in the same month of the previous year. The Federal Motor Transport Authority (KBA) counted 205,900 new registrations. Around 1,444,000 new [...]
Commenting on the agreement within the Federal Government on the further development of the purchase premiums for electric vehicles (environmental bonus), Reinhard Zirpel, President of the Association of International Motor Vehicle Manufacturers (VDIK), said: "The discussion about purchase premiums for electric vehicles has led to severe uncertainty among manufacturers of [...]
New registrations of vehicles with alternative drives continued to increase in the first half of 2022. There were 548,271 new registrations of electric cars, hybrids with or without plugs, and gas-powered passenger cars. This is an increase of 2 percent compared to the same period last year. The 11 percent [...]
The German passenger car market fell to a new low in the first half of 2022. According to the Federal Motor Transport Authority, 1,238,000 new passenger cars were registered between January and June. This represents a drop of 11 percent compared with the same period last year. Passenger car sales [...]
Following the European Parliament, the EU Council of Environment Ministers has now also voted in favor of a significant tightening of the European CO2 fleet limits for passenger cars and light commercial vehicles. CO2 emissions from new passenger cars are to be reduced significantly more than previously planned by 2030. [...]
Members' Meeting in Berlin - 70 Years of VDIK "2022 is a very difficult year for the German automotive market. Hopes for a recovery have become paler by the month. The increasing external disruptions to production are causing far more trouble for the automotive industry than we had expected. Nevertheless, [...]