Company cars boost the German market
 
 

In Germany, more than half of new cars registered are company cars. 2.4 million employees receive a favorable tax system for their companies.


In 2012, the German fleet was comprised of 32% company cars, an increase of 11% compared to 2002. Compare with the decline in the share of company cars in the UK and Italy, whose companies no longer receive tax benefits (since 2002 in the UK and recently in Italy).


In a European market generally declining, sales in Germany company cars have helped curb this trend. In fact, these high sales help offset the decline in sales to individuals and thus smooth the market.


Vehicle sales to companies also contribute to the health of the German automotive industry. Indeed, the most requested cars are segment D and E vehicles , where German carmakers are well positioned (VW, BMW, Mercedes). These vehicles are all made on German soil, domestic production is thus reflected directly and positively impacted.


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 Data source: File #55 - Registrations in the World by makes 

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