Germany’s year-on-year new car registrations were up 24 per cent in October, despite the country’s successful scrappage incentive scheme being withdrawn.
The country’s VDIK foreign carmaker association said 321,000 cars were registered in Europe’s largest car market last month, which has brought the total number of new cars registered in 2009 to 3.312million units.
Manufacturers had repeatedly warned that the removal of the country’s scrappage scheme would lead to a crash in registrations.
The scheme ended on 2 September, and the rise in sales can be mainly attributed to cars being delivered that were ordered under the scheme.
New car sales were also up in France in October, increasing 20 per cent on last year’s levels, while sales were also up 26.4 per cent in Spain.