DUISBURG (AFX) – auto companies in Germany beautiful view of industry expert Ferdinand Dudenhöffer increasingly their statistics on new registrations. The German new car market is “much weaker than the official registration statistics” Dudenhoeffer wrote in a recent study that was valid the German Press Agency on Monday. Manufacturers expressed with so-called self-approvals, although the prices, inflated at the same time more and more ground on the market.
Thus, the percentage of new cars that have been approved by producers or distributors themselves, in February at 35.1 percent. This is the highest rate of self-approvals since 2007, according to the investigation of the CAR-Institute of the University of Duisburg-Essen.
For this self-registered vehicles the carmaker grant generous discounts. If more than one third of the market consists of self-approvals, a customer buying at regular terms and more criticized Dudenhoeffer. “In Germany, new car go only with high discounts over the counter.”
The price advantage of special promotions was according to the automaker experts in February at 12.6 percent, compared to 11.6 percent last month. Internet discounts of 30 best-selling models were thus in February at 17.9 Prozent./gio/DP/zb
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