A drop of 23 percent in December dampened the positive trend. The German luxury car manufacturers BMW, Mercedes-Benz and Porsche all recorded double-digit growth in 2023. Volkswagen grew by just under eight percent, but remained the best-selling brand with a market share of 18.8 percent. 34.4 (2022: 32.6) percent of new cars had a petrol engine, while the proportion of diesel vehicles shrank to 17.1 (17.8) percent. Hybrid models had a market share of 29.5%, while all-electric cars accounted for 18.4%.
(Report by Alexander Hübner, edited by Ralf Banser. If you have any queries, please contact our editorial team at berlin.newsroom@thomsonreuters.com (for politics and the economy) or frankfurt.newsroom@thomsonreuters.com (for companies and markets).)