Despite low interest rates and big discounts, German domestic car sales in
2013 are at the lowest in three years while carmakers are adding work shifts
over the Christmas/ New Year holidays, to meet foreign demand.
Domestic car sales are forecast to fall 5% in 2013 to reach their
lowest levels in three years, VDA, the German automotive industry federation, said
Matthias Wissmann, VDA president, told a news conference on Tuesday that
forecast 2013 German domestic sales of about 2.93mi were unsatisfactory. He said
2014 new car sales
would again surpass 3m next year.
VDA figures show that German car manufacturers are
expected to sell 14.2m cars worldwide, of which about 5.5m will be
made in Germany.
Overall, the rise of 3.5% is due to strong demand in overseas markets, mainly
inn the United States and China, VDA said. In 2014, German carmakers were
expected to sell about 14.7m vehicles, the group added.
Last month, Jörg Asmussen, ECB executive board member, said: "While
domestic production has remained relatively constant at around 5.5m vehicles
per year between 1992 and 2011, foreign production, particularly in Czech
Republic, Hungary, Poland and Slovakia, increased more than threefold, reaching
Meanwhile, according to Deutsche Welle, German luxury carmakers Audi and Daimler have announced plans to
shorten end-of-year holidays for their workers and to introduce extra shifts to
meet high demand. The Munich-based carmaker BMW also announced that its
factories were running at 120% capacity, and that additional shifts were
likely to be introduced next year.
According to Finfacts,
the average age of an American car was
11.4 years in 2012 ,
up from 9 in 2000; in 2010, the
average age of a European car was 8 years ,
up from 7.5 in 2004 - - more than a third of cars are over 10 years old.
Improved quality is a factor but the squeezing of incomes must also be
It seems like a long, long
In 2007, Christian Pauls, the German ambassador
to Ireland, raised hackles when he made some disparaging comments to visiting
German businessmen on the host country including citing junior medical
consultants' rejection of €200,000 a year posts on the basis that this sum was
'Mickey Mouse' money.
He said that he was at the National Concert Hall when an announcer appealed for
the owner of a 1993-registered car to move the vehicle because it was blocking
"Of course no one moved," said Pauls. "All the Irish are driving 2006 and 2007
cars. For all I know the car is still there."
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