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Automobile production in Germany: Trend change from growth to decline in production and sales - new Quest economic report
The change in trend has been taking place in the German automotive industry since mid-2018, as the updated economic report in the Quest Trend Magazine shows
The trend in automobile production in Germany surpassed its pre-crisis level in 2011, fell again in 2013 and established a slight growth trend only from 2014 on. The annual growth rate of production until May 2019 is 0.8% per year.
In mid-2018, the trend growth in production reached its peak with 107.1 index points and at the same time marked a change in trend. Since mid-2018, the production trend has been pointing southwards reaching 100.5 index points in May 2019.
A similar development can be seen in the turnover of German automobile production. Here, too, there happened a change in trend from sales growth to decline in mid-2018.
The new Quest economic report on production and sales in the German automotive industry is available on https://www.quest-trendmagazine.com/en/automobile-industry/germany/german-automobile-production.html
The trend changes in the German automotive industry are in line with the development of the world automobile production, covered by a Quest Trend Report. This has been declining since the beginning of 2018.
The Quest Trend Report on world automobile production from 2007 to 2018 is available on https://www.quest-trendmagazine.com/en/automobile-industry/china/market-share-of-china-at-global-automobile-production.html?limit=all
These reports are a module of the comprehensive trend analyses of the worldwide automotive industry in the Quest Trend Magazine. The trend analyses include the internationalization of production sites, the world regions of car production, the share of car production in China at world car production, the market shares of the world market leaders and the market leaders in China. These trend analyses in the Quest Trend Magazine make planning and market development for one of the most important sales markets in automation technology easier for the suppliers of automation technology. An overview of the trend analyses can be found on http://www.quest-trendmagazine.com/en/automobile-industry.html
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