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German car exports rose by 51% in March compared with the same month in 2009 butt new domestic registrations dipped 27% due to the end of the public scrappage scheme.
Germany exported 419,400 cars in March, the industry group VDA group said today. Exports in the the first quarter rose 47% to almost 1.05 million. Robust foreign demand helped boost production in March, which climbed 27% on the year to 555,300; in the first quarter, it was up 32% at 1.38 million. ''Orders from abroad have been on a growth course since August already,'' VDA president Matthias Wissmann said. ''In March alone, German producers were able to book nearly 28% move orders from abroad.''
In the domestic market where the public scrappage subsidy scheme ended in late 2009, 295,000 new cars were registered in March according to VDA and the VDIK group, which represents car importers. That was a dip of about 27% on the year.
In the first quarter, about 670,000 new cars were registered in Germany -- a 23% drop.
The public scrappage scheme which was launched in 2009's first quarter and ended in September 2009, triggered a big demand in an otherwise poor period.
VDIK reported that compared with 2008 the market fell by only 9% in the first quarter.
''The mood in the car industry is brightening appreciably,'' VDA's Wissmann said.''We won't reach the pre-crisis level again in 2010, but we expect a good export year.''
He said the fall in local sales was in line with expectations.
