Too many of themselves: car specialty fears of discount battle

The German car industry has warned in the face of extremely high-to-use manufacturers and handlers in front of a discount battle at the German car market. In the first seven months of 2012, these had achieved "a sad high of almost 29 percent of the overall market", said the Prassident of the Central Association of German Kraftchewerbe (ZDK), Robert Rademacher, on Thursday in Frankfurt, for the Messe Automechanika, which begins on Tuesday.

For the need for pre-locomotive and company cars had two thirds of this 540.000 new cars perfectly disposed, stressed Rademacher: "These quasi new cars are now acting as "Young used car" with high weakening on the market and bring the price level there both for new cars and used cars and even for leasing-backflowers confused."The bottom line is 180.000 vehicles only approved for statistics. These values are alarming: "In the long term to cause this overprere, the market leads to a catastrophe."

In particular, the private market is weak, currently no pulses are expected from there. In the current ZDK business climate survey, more than half of the companies (55.1 percent) had called the current quarter as "bad". The overall index from new vehicle and used cars and service has fallen on the broadwurned value since February 2010, Rademacher emphasized: the discount battle broke the business, the gross profits are also insufficient in used cars.

New impulses hopes the ZDK from the Automechanika (11. – 16. September). The crowd on the world-growing workshop and trim fair is enormous, emphasized the business drivers of the Messe Frankfurt, Detlef Braun. 4593 Exhibitors of 74 countries presented at around 305.000 square meters of flats: "This is a new record brand for automechanika after 4471 exhibitors two years ago. More is not possible."Behind the Automechanika stand with the domestic parts and accessories manufacturers with a net sales of 96 billion euros last year, Braun said. In addition, 19 billion euros were implemented in trade and repairing another 4 billion euros.

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