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German car sales up but electric models lose ground - Business & Finance - Vimarsana News

German car sales up but electric models lose ground - Business & Finance

BERLIN: Sales of new cars in Germany increased in 2023, official data showed Thursday, but an end to government...

German Car Sales Up In 2023 But Electric Models Lose Ground - Vimarsana News

German Car Sales Up In 2023 But Electric Models Lose Ground

Sales of new cars in Germany increased in 2023, official data showed Thursday, but an end to government subsidy programmes saw electric vehicles lose ground on fossil-fuel models.

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Constantin Gall
German car sales surge in 2023, electric models decline with government ending EV subsidies - Vimarsana News

German car sales surge in 2023, electric models decline with government ending EV subsidies

The end to the subsidy programmes has further taken the wind out of the electric car market, with sales of battery models down in recent months. The lack of state support "will lead to a decline in new electric vehicle registrations this year", EY analyst Constantin Gall said.

German car sales up in 2023 but electric models lose ground - Vimarsana News

German car sales up in 2023 but electric models lose ground

Sales of new cars in Germany increased in 2023, official data showed Thursday, but an end to government subsidy programmes saw electric vehicles lose ground on fossil-fuel models.The end to the subsidy programmes has further taken the wind out of the electric car market, with sales of battery models down in recent months.

Source: yahoo.com
EY analysis: Car manufacturers increase sales and profits significantly -November 22, 2023 at 11:53 pm EST - Vimarsana News

EY analysis: Car manufacturers increase sales and profits significantly -November 22, 2023 at 11:53 pm EST

The world's leading car manufacturers have recently increased their sales and profits significantly. In the third quarter of the year, sales of the 16 largest car companies rose by 11 percent to 504...

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Constantin Gall