In 2024, the first registrations of new passenger cars in Germany are forecasted at 39.64 units per thousand persons, continuing a stable trend similar to 2023 values. Over the forecast period until 2028, the values predict a slight decline, reaching 39.57 by 2028. This represents a minor downward trend with an average annual decrease.
- Yearly analysis reflects minimal change, indicating market stability.- The Compound Annual Growth Rate (CAGR) over this period suggests a very slight decline, emphasising a steady market without major fluctuations.
Future trends to watch for include increasing transitions towards electric vehicles, regulatory impacts on emissions, and potential shifts in consumer preferences due to technological advancements in autonomous driving and mobility services.
