Almost every fourth registered car in Germany is older than 15 years. Industry expert Ferdinand Dudenhöffer therefore demands state premiums for new cars – including modern combustion engines.
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According to a study, the cars on German roads are on average as old as never before reunification. With an average age of 9.6 years, the German motor vehicle fleet occupies one of the lowest positions in Western Europe, as a study by the Duisburg CAR Institute shows. Luxembourg, Great Britain, Italy, Belgium or France: Everywhere the cars are younger on average, so that only the stocks in Eastern Europe raise the EU average to 10.8 years.
According to the evaluation, which is based on the registration statistics of the Federal Motor Transport Authority, almost a quarter (23.4 percent) of cars in Germany are older than 15 years. That is more than eleven million vehicles. Almost a tenth of the total stock is older than 20 years and every 50th vehicle has more than 30 years under its belt.
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“Outdated vehicle stock” in Germany
“The Auto Nation has become a classic car nation. Exactly this outdated vehicle stock would be a perfect starting point to trigger buying impulses with government premiums,” explains study leader and industry expert Ferdinand Dudenhöffer. The federal government had missed a great opportunity to fight the recession early by stimulating the car market and to avoid a sharp decline in the national product.
With the exclusive promotion of electric cars, 90 percent of the car market was ignored, says Dudenhöffer. With the exclusion of modern combustion engines from funding, positive effects on the environment were also missed.
A complete waiver of VAT would be better
The reduction in VAT by three percentage points only leads to very manageable price reductions of 2.5 percent for private car buyers, the expert criticizes. In his view, it would have been better to forego VAT altogether for high-priced consumer goods. After the market slump, the automakers would be under high pressure by 35 percent in the first half of the year.