German new car sales are no longer Teflon-coated. New car sales in Deutschland were down 5 percent in July, Germany’s Kraftfahrtbundesamt reports.
Opel sales are down 18.6 percent, those of its alliance partner PSA are down 21.2 percent. Chevrolet sales are down 24.2 percent at a homeopathic level of 1,948 units. Chrysler is up 55.3 percent on 688 units. BMW sales are down 17.0 percent, while Audi sales are up 14.3 percent. Ford, down 4.4 percent, is in line with the market. Volkswagen is down only 1.5 percent and could increase its market share to 23.6 percent. Opel’s July market share is down to 6.8 percent.
Germany is Europe’s biggest car market. With the bad news from volume markets Italy (down 21.4 percent), Spain (down 17 percent) and France (down 7 percent), ACEA’s Europe report is expected to look awful.