Average prices for new cars in Germany 1980-2022

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 42,790 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 Tiguan and the VW T-Roc.

New car market future

In 2022, most new passenger cars registered in Germany by far were produced domestically. Other leading production countries included Japan and South Korea, and France in the European Union. The industry is still recovering from the effects of halted production during the coronavirus (COVID-19) pandemic, as well as facing current challenges with the energy and supply crisis following the beginning of the Russia-Ukraine war in February 2022.