Average prices for new cars in Germany from 1980 to 2021

Car manufacturing is one of the core industries of the German economy. Prices for new cars fluctuated somewhat during the specified time period, but generally grew. Most recently a new car cost 37,790 euros on average.

Global reputation

Germany is home to some of the most recognized and purchased automobile brands in the world. These brands are sold internationally and have enjoyed long-standing success. Based on new car registration figures, Volkswagen had the highest market share compared to other names. Mercedes and Audi made up the top three. Volkswagen also bought other car brands in recent years, among them Porsche. The leading car models among German new car buyers were from Volkswagen. Consumers particularly favored the VW Golf, the VW T-Roc and the VW Tiguan.

New car market future

The new car market in Germany brought in increasing revenue since 2000. In 2019, most new passenger cars registered in Germany were produced domestically. Meanwhile, shortly into 2020, the coronavirus (COVID-19) pandemic, subsequent economic shutdowns and restrictions brought various manufacturing sectors to a halt. Sales were also negatively affected. In fact, new passenger car sales dropped noticeably in Europe.