In September, new passenger car registrations in Germany amounted to 224,502 - basically on par with the volume a year ago. During the first nine months of 2023, 2,138,066 new cars were registered (up 14.5 percent year-over-year).

Meanwhile, the plug-in electric car segment experienced a significant decrease in new registrations last month due to the end of EV incentives for business buyers. The end of some incentives also explains the rush for new electric company cars in August, when all-electric car registrations surged by 171 percent year-over-year to almost 32 percent of the total market.

In September, the total new plug-in electric car registrations amounted to 47,097 (down 35 percent year-over-year), which is 21 percent of the total volume (compared to 32.3 percent a year ago).