Germany Sept new-car sales rise 9.4% year on year
Stefan Baumgarten
05-Oct-2016
LONDON (ICIS)–Germany’s new-car registrations rose
9.4% year on year to 298,002 in September, the country’s
federal vehicle authority said in a data release on
Wednesday.
On a sequential comparison with August, September
registrations were up 21.6%.
For the first nine months of 2016, registrations were up 6.1%
year on year to 2.56m, according to the data by
Flensburg-based Kraftfahrt-Bundesamt (KBA).
Gasoline cars accounted for 53.1% of September’s
registrations, diesel cars for 44.6%, with hybrid and
electric cars accounting for the remainder.
Volkswagen remained the market leader with a share of 19.5%
of September’s registrations.
The automotive
industry is a major global consumer of petrochemicals which
contributes more than a third of the raw material costs of an
average vehicle. ICIS tracks the movement of petrochemical
raw material costs in auto production both globally and
regionally with the weighted ICIS Basket of Automotive
Petrochemicals (IBAP).
ICIS produces a monthly Global Automotive report
covering the major automotive chemicals
markets, the auto-industry, the IBAPs and
macroeconomic trends. For more information on the report and
details on how to subscribe, please click here
Global News + ICIS Chemical Business (ICB)
See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.
Contact us
Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets. Access to expert insights on the latest industry developments and tracking market changes are vital in making sustainable business decisions.
Want to learn about how we can work together to bring you actionable insight and support your business decisions?
Need Help?