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New registrations April 2022: -21.5%.

In April, only 180,264 cars were registered, 21.5% less than the previous year. The new car market continues to suffer from manufacturing bottlenecks.

For the third consecutive time, the hoped-for spring recovery did not materialize for the vehicle trade. After two years of Corona, production losses are now causing modest numbers. There would be demand, but many producers simply cannot serve the market. As a result, the balance of new registrations by the Federal Transport Authority (KBA) is distorted.


A total of 229,967 new vehicles were registered in April, 20.8% less than a year ago. The meager numbers for April are also reflected in the year-to-date balance sheet. With 806,218 newly registered cars after four months, the result is 9.0% lower than the previous year. If all new vehicle registrations are considered, 997,372 new registrations represent a decrease of 8.8 percent compared to the same period of the previous year.


KBA

The underdog JLR, electric car maker continues to rise

Only electric car makers and manufacturers who are able to supply can get really big points. At the top of the list of winners after four months is Polestar with a growth of 161.8 percent over the previous year. Tesla is up 129.6%. The earnings of Dacia (48.8%) and Honda (43.3%) are also impressive. Above-average growth also for Mitsubishi (34.9%) and Kia (26.0%). The MG brand, which has just entered Germany, also continues to do well.


On the losing side, the Jaguar / Land Rover group is hit hard. Jaguar is down 39.2%, its sister brand Land Rover is down 33.2% after four months. Smart (-31.9%), Renault (-28.5%), Suzuki (-26.7%), Nissan (-24.8%), Peugeot (-22.7%), Volvo (-21, 9%), Citroën (-21.7%) and Opel (-20.7%). But the market leader VW also faces losses of 18.5%.


The declines hit all segments. SUVs lost 10.2 per cent, but despite the drop in new registrations they remained the largest segment with 27.9 per cent, followed by the compact class (14.3% / – 37.0% ) and small cars (14.1% / – 22.2%), so that these three segments accounted for more than half of all new car registrations. Large-capacity vans recorded the largest decline at minus 47.5%. A comparison between the segments showed the lowest loss for mobile homes at minus 2.8 percent, their share was 4.5 percent.



You lose alternate units

The limited delivery capacity of manufacturers is also slowing the boom in alternative transmission systems. Although purely electric cars registered 22,175 new registrations and thus a share of 12.3 percent, the BEV lagged 6.9 percent from the previous year. But things went badly for the other types of units as well. 56,786 new cars with hybrid drive under the hood add up to a share of 31.5% (-11.4%), including 21,697 plug-in hybrids (12.0% / – 19.6%). New registrations of gasoline-powered passenger cars fell by 27.8 percent, their share was 36.1 percent. The number of diesel passenger cars decreased by 29.7% compared to the same month last year, their share was 19.6%. A modest 0.1 percent of new registrations concerned cars with natural gas engines (94 cars / – 76.4%). Significantly more vehicles were equipped with a liquid gas engine. 838 new registrations with this type of driving resulted in a drop of 18.5 percent and a share of just 0.5 percent.


The most important details of the new registrations in April 2022:

  • Percentage of gasoline engines: 36.1% (-27.8%)
  • Share of diesel: 19.6% (-29.7%)
  • CO2 emissions: 122.5 g / km according to WLTP (- 3.1%)

Second hand market in decline



The second-hand market continues to be characterized by an extremely limited supply. In other words: many want to buy, but the market is empty. In April, 441,550 buyers were still able to purchase a used car. compared to the previous year, however, the rate was down by 25.3 per cent. In all vehicles, KBA recorded 536,418 changes of ownership in April, a decrease of 23.8%. The balance from the beginning of the year for used vehicles is also in red. Even if 1,913,592 cars found a new owner, the decline after four months was 12.0%. A total of 2,260,156 vehicles have changed hands in 2022 so far, the minus here is 11.6%.


poll

Yes, for more than 12 months

I don’t buy new cars!

I didn’t buy a car!



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Conclusion

The new car market suffers from delivery problems from numerous manufacturers, while the used car market suffers from the availability of second and third hand vehicles. Across all areas, April shows clear negative signs. Trade faces its third consecutive failed spring recovery.

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