German New Car Registrations Fell Sharply in April
May 06 2020 - 6:43AM
Dow Jones News
By Jessica Sier
New car registrations in Germany fell sharply in April as the
coronavirus forced dealerships and manufacturers to halt global
production, the country's Federal Motor Transport Authority, or
KBA, said on Wednesday.
New registrations fell 61.1% in April compared with the same
month a year earlier, said the authority.
Commercial-vehicle registrations fell 63.2% and private
registrations dropped 57.8%.
Volkwsagen accounted for the largest share of new registrations
at 17.2%, said the agency.
Tesla achieved a 10.4% increase in new car registrations in the
country in April, the KBA said, adding that all other imported
brands recorded double-digit losses.
The average CO2 emissions of all new registered cars decreased
by 4.9% to 150.9g/km, compared with the same period a year earlier,
the KBA said.
Write to Jessica Sier at jessica.sier@wsj.com
(END) Dow Jones Newswires
May 06, 2020 06:28 ET (10:28 GMT)
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