Production forecast for Germany in 2015 (PC + LUV)
- The German automobile production has reached its best levels since 2007 and apart from a low reached in 2009 like in most European countries, Germany reaches every year around 6 million vehicles produced.
- These figures can be explained mainly by the growth of premium brands such as Audi, BMW, Mercedes and Porsche, that have increased both in Europe and in the world (increasing exports from Germany). They can also be explained by the growth of the Volkswagen make that has developed in Europe and worldwide. Finally, the return of Ford and Opel models to Germany (Fiesta, Focus, Zafira and soon C-Max) has helped to maintain the level of German production.
- It may also be added that the decision German carmakers took to not heavily relocate German production outside of the country worked in its favour
- However, Inovev does not expect significant growth of German production in 2015, as Mercedes has recently started to produced its C-Class vehicles in the USA, Audi is going to produce the Q5 in Mexico and BMW will soon produce some of its models in Mexico as well. Another important element is the gradual transfer of Chinese exports to local production, at the request of the Chinese government (exports that represented almost 400 000 units in 2013).
- German production is expected to stabilize in 2015 and will grow no more than 1% between 2014 and 2015.
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