Industria automobilisticaGermania > German automobile production

Automobile production in Germany 2008 - 2020 September

Change of trend in car production since August 2018 leads to decline of 17,9% p.a.

This report deals mainly with monthly changes of production and sales of the automobile industry in Germany based on official production statistics. A separate trend report publishes the trends in production and sales since the beginning of the world economy crisis in 2008 to 2019.

Update November 17th, 2020 - After overcoming the crisis low in April 2012, automobile production in Germany developed a six-year growth, interrupted by phases of slight decline and stagnation.

This growth trend culminated in July 2018 with 106.9 index points, the highest value since the global economic crisis in 2008, and a growth rate of 1.7% p.a.

In August 2018 the trend changed from growth to decline. From this point in time until September 2020, the production trend fell by 17.9% p.a. to 69.9 index points.

For the period from 2012 to September 2020, i.e. for a period of over eight years, automobile production was down 3.7% p.a.

Automobile production in Germany is in a crisis.

Automobile production in Germany from 2008 up to 2020.

Change of trend in sales since August 2018 leads to decline of 9.2% p.a.

Since mid-2012, sales also showed a growth trend (dotted line in the diagram), which continued until July 2018 and, at 104.8 index points, reached its highest level since the outbreak of the economic crisis in 2008.

The annual rate of this growth trend was 3.1%.

Sales of German automobile industry in Germany from 2008 to 2020.

Since August 2018, the sales trend has been declining by 9.2% p.a. and reached 85.0 index points in September.

This means that the sales of the German automotive industry are also in crisis.

Bookmark and Share