The forecasted registrations of petrol passenger cars, including hybrids, in Germany indicate a steady growth trend from 2024 to 2028. Starting at 2.3206 million registrations in 2024, the figures are expected to rise annually, reaching 2.4852 million by 2028. This consistent increase reflects a compound annual growth rate (CAGR) of approximately 1.7% over the five-year period. Compared to the actual data of around 2.28 million registrations in 2023, there is a noticeable upward trajectory in the market.
Future trends to watch for include:
- The impact of stricter emissions regulations on the popularity of petrol and hybrid vehicles.
- Technological advancements in hybrid powertrains enhancing their attractiveness.
- Potential shifts towards fully electric vehicles as infrastructure improves and environmental concerns grow.