New registrations April 2022: 21.5% down

Only 180,264 cars were newly registered in April, 21.5 percent fewer than in the previous year. The new car market continues to suffer from the production bottlenecks.

For the third time in a row, the hoped-for spring upturn failed to materialize for the vehicle trade. After two years of Corona, production losses are now causing modest numbers. The demand would be there, but many manufacturers simply cannot serve the market. The balance of new registrations by the Federal Motor Transport Authority (KBA) is correspondingly distorted.


A total of 229,967 new vehicles were registered in April, 20.8 percent fewer than a year ago. The poor April numbers are also reflected in the year-to-date balance sheet. With 806,218 newly registered cars after four months, the result is 9.0 percent below the previous year. If one considers all new vehicle registrations, then 997,372 new registrations result in a minus of 8.8 percent compared to the same period of the previous year.


KBA

Loser JLR, e-car maker continues to soar

Only electric car manufacturers and manufacturers who are able to deliver can score really big points. At the top of the winners list after four months is Polestar with growth of 161.8 percent compared to the previous year. Tesla is up 129.6 percent. Also impressive are the gains at Dacia (48.8%) and Honda (43.3%). Above-average growth was also shown by Mitsubishi (34.9%) and Kia (26.0%). The MG brand, which has just entered Germany, is also continuing to do well.


On the losing side, the Jaguar/Land Rover group is hit hard. Jaguar is down 39.2 percent, sister brand Land Rover is down 33.2 percent 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 market leader VW also has to cope with losses of 18.5 percent.


The declines impacted all segments. The SUVs lost 10.2 percent, but despite the drop in new registrations they were again the largest segment at 27.9 percent, 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 passenger car registrations. Large-capacity vans posted the biggest drop at minus 47.5 percent. A comparison of the segments showed the smallest loss for mobile homes at minus 2.8 percent, their share was 4.5 percent.



Lose alternative drives

Manufacturers’ limited ability to deliver is also slowing down the boom in alternative drive systems. Although the purely electric cars managed 22,175 new registrations and thus a share of 12.3 percent, the BEV remained 6.9 percent behind the previous year. But things also went down for the other drive types. 56,786 new cars with a hybrid drive under the hood add up to a share of 31.5 percent (-11.4%), including 21,697 plug-in hybrids (12.0%/-19.6%). New registrations of passenger cars with petrol engines fell by 27.8 percent, their share was 36.1 percent. The number of diesel-powered passenger cars fell by 29.7 percent compared to the same month last year, their share was 19.6 percent. A modest 0.1 percent of new registrations were cars with natural gas engines (94 cars/- 76.4%). Significantly more vehicles were equipped with a liquid gas drive. 838 new registrations with this type of drive led to a decline of 18.5 percent and a share of only 0.5 percent.


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

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

Used car market down



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


opinion poll

Yes, by 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 is suffering from delivery problems on the part of numerous manufacturers, while the used car market is suffering from the availability of second- and third-hand vehicles. In all areas, April shows clear negative signs. The trade has to cope with the third failed spring upswing in a row.