Key Highlights
- New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The German new cars market recorded revenues of $118.8 billion in 2023, representing a negative compound annual growth rate (CAGR) of 4.3% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 4.5% between 2018 and 2023, to reach a total of 2.7 million units in 2023.
- Germany captured a 25.5% share of the European new cars market in 2023.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in Germany
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Germany
- Leading company profiles reveal details of key new cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Germany new cars market with five year forecasts
Reasons to Buy
- What was the size of the Germany new cars market by value in 2023?
- What will be the size of the Germany new cars market in 2028?
- What factors are affecting the strength of competition in the Germany new cars market?
- How has the market performed over the last five years?
- What are the main segments that make up Germany's new cars market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Stellantis NV
- Renault-Nissan-Mitsubishi Alliance
- Volkswagen AG
- Toyota Motor Corp