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Germany’s October Auto Sales Rebound, With EVs Surging as Plug-In Hybrids Top Diesel

Analysts say the surge reflects a rebound from last year’s subsidy-driven slump rather than a lasting acceleration in electrification.

Overview

  • Total new-car registrations rose to 250,133 in October, up 7.8% year over year, with 52,425 battery-electric cars accounting for a 21.0% share and rising 47.7%.
  • Plug-in hybrids jumped 60% to roughly 31,000 units and, for the first time, outnumbered new diesels at about 30,500, while diesel and petrol registrations fell 15.8% and 12.9%.
  • Brand rankings shifted as Tesla logged about 750 new cars, down nearly 54% from a year ago, whereas China’s BYD exceeded 3,300 registrations, up 866%.
  • EY cautioned that year to date the market is only 0.5% above last year and remains below 2019 volumes, underscoring that October’s spike benefits from a low base.
  • Nearly two-thirds of October registrations were commercial in Germany, and parallel Swiss data showed BEVs at a 22.9% share and PHEVs at 12.6%, with over one-third of new cars having a plug.