The usual disclaimer: periodic volume variations sometimes reflect temporary regional allocation decisions, or production line batching, rather than significant demand changes. However, Germany is by far the region’s largest BEV market, so if a model widely available in Europe is performing poorly here , then it may be significant.Compared to the February-to-April period, Volkswagen Group retained the top rank in BEVs, with an impressive 65% volume growth.
Hyundai Motor Group stayed flat, in 4th. BMW climbed a spot from 6th to 5th , swapping places with Mercedes Group . Tesla dropped rank from 2nd to 7th, with a 70% drop in volume. Again, this was largely due to Shanghai production pauses in H1, and should be only a temporary set back.There are too many macro uncertainties to have a clear view of what will happen in Germany’s auto industry and consumer market over the coming months. The price of natural gas — so key to Germany’s overall industry and competitiveness — has, with potential losses of €10B this year, and has requested an urgent government bailout.
ELON MUSK -- KING OF AMERICA'S BILLIONAIRE TAX WHINERS Effective Tax Rate: 0.1%: Warren Buffett worth $111 billion 1.1%: Jeff Bezos worth $131 billion 1.8% Mike Bloomberg worth $82 billion 2.1%: Elon Musk worth $210 billion 13.5%: Registered Nurse