German passenger car production fell by 7.3% in the first half of 2019
- German passenger car production fell by 7.3% in the first half of 2019, after having already fallen by 10.9% over the whole of 2018. These sub-standard performances are mainly related to the decline in exports of cars manufactured in Germany, due to the decline in world markets in 2018, which worsened in 2019.
- Germany is the country most affected by the decline in registrations in China, the United States and England, as it exports a lot to these three markets. The decline in exports to Russia (which is more and more focused on local production) has also had a negative impact on the volume of German automotive production.
- In the first half of 2019, this production volume was 2.57 million units compared to 2.77 million in the first half of 2018. At this rate, the production volume for the whole of 2019 could be well below 5 million units (compared to 5.03 million in 2018 and 5.65 million in 2017).
- Over the next two to three years, the global markets to which Germany exports are expected to continue to decline, notably the European countries (including Britain affected by Brexit), the United States (which is entering a downward cycle) and China (which is expected to increasingly replace imports of vehicles from higher segments with local production).
- The announced relocation of some Opel models (Astra, Grandland) is good news for Germany, although Opel removed the Adam, Corsa and Zafira from the German production program in 2019.
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