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Goverment policy temporarily boosts German car sales to a record level

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  • Reinhard Hild

Abstract

The business situation in the German automobile market has changed dramatically in recent months. After nine weak years of new car sales between 2000 and 2008, a major turnaround began at the beginning of 2009. The government's scrapping bonus for cars nine years and older touched of a rapid increase in new car registrations. This demand increase is concentrated primarily on smaller vehicles, however, so that German brands have only been profiting disproportionately from the increase in registrations.

Suggested Citation

  • Reinhard Hild, 2009. "Goverment policy temporarily boosts German car sales to a record level," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(11), pages 49-52, June.
    • Handle: RePEc:ces:ifosdt:v:62:y:2009:i:11:p:49-52
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    File URL: https://www.ifo.de/DocDL/ifosd_2009_11_8.pdf
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    Cited by:

    1. Haucap, Justus & Coenen, Michael, 2010. "Industriepolitische Konsequenzen der Wirtschaftskrise," DICE Ordnungspolitische Perspektiven 03, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).

    More about this item

    JEL classification:

    • L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment; Related Parts and Equipment
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation

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