Semiconductor shortage + COVID depress new registration rate in the automotive trade

The number of new registrations of cars and vans remained at a low level in November. The reasons for this include the corona crisis, but also the lack of semiconductors.

The latter in particular continues to hit the German car market hard. According to the Federal Motor Transport Authority, first registrations fell by a good 31 percent compared to the same month last year. In particular, sales in the important private sector continued to collapse. According to data from the market research company Dataforce, first registrations in this segment fell by 33.4 percent compared to the previous year.

CATAMA car trade

High sales from the previous year put the loss into perspective

However, the published figures must be put into perspective. The number of registrations fell compared to 2020. However, these were also above average last year at 115,000 units. In previous years, these averaged 90,000 to 95,000 units.

The registration rate is being further depressed by declining dealer registrations. These fell by a whopping 37 percent in November and thus massively reduced the range of one-day registrations and young used vehicles.

The shortage of semiconductors is also particularly evident in the commercial sector. Deliveries to these customer groups fell by almost 30 percent, and car rental companies received around 29 percent fewer vehicles.

The area of ​​van sales also collapsed noticeably. Deliveries fell by 35 percent overall. Commercial customers went down by around 29 percent. A development that – according to Dataforce – will continue in December.

Electrical sector still on the rise

Unsurprisingly, sales of new registrations of battery-electric passenger cars (BEV) are running counter to the general trend. This increased by 39 percent compared to November 2020. According to Dataforce, it is particularly worth mentioning that in the private sector, BEVs and PHEVs together achieved a market share of 40 percent for the first time.

 

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