Connected Car
In January, new-car registrations declined 2.6%, breaking the pattern of five months of consecutive growth seen in the second half of 2022. Autovista24 projects slow growth of 3.3% for the year, with the German new-car market expected to record 2.79 million units in 2023, not least because of lower order intake. This had a direct impact on the new-car market in January as around 27,000 new EVs were registered, a sharp year-on-year fall of 32%. ‘The cut in EV subsidies in 2023 is leaving a clear mark. He added that the new-car market is expected to ‘turn positive’ later this year because of improved delivery capacities.