Which is the safest car in India
Interest in the car continues to grow
“The continued very strong desire for one's own car is also confirmed by the new car registrations in Germany: After a corona-related market slump up to mid-2020, a total of around 830,000 new cars were added in the three months of September, October and November Road. That is even slightly above the volume of the previous year, ”emphasizes Hildegard Müller, President of the Association of the Automotive Industry (VDA).
According to AutoScout 24, for most Germans their own car is not only indispensable and extremely reluctant to loan it out: the high level of appreciation for new purchases is also measurable. 56 percent of Germans plan to spend more money on quality, safety or environmental aspects in a new vehicle.
In addition, buyers in Germany are willing to spend more money on their new cars. According to a market analysis by the CAR Center Automotive Research Institute, the average list price rose to 37,710 euros in the first eight months of 2020, an increase of 8 percent compared to the previous year - and according to the study, the highest increase in over ten years. According to the analysis of the study, the large increase in average prices is largely driven by the behavior of car buyers to buy higher-quality products. By the way: the list price for e-models was an average of 10,000 euros higher.
In terms of e-cars, Germany is currently experiencing a real boom: In November, new registrations of e-cars increased fivefold compared to the same month last year; every fifth car that is currently newly registered in Germany is an electric vehicle.
The car data specialist DAT recently investigated how close the "relationship" is between the car owner and his own car. The result refutes the often formulated thesis that people think their own car is less important. The opposite is the case. For 92 percent of all vehicle owners, the car must always be in perfect technical condition. Four out of ten respondents have minor rust spots and scratches removed immediately. And a good one in four (28 percent) has grown so fond of their car that a repair is even considered when it is actually not economically viable - that is “car love” and an indication of the high emotional attachment to one's own car.
In a survey of more than 3,300 consumers in nine countries (China, Germany, India, Italy, Singapore, South Korea, Sweden, Great Britain and the USA), the 2020 EY Mobility Consumer Index also came to the conclusion that their own car is the new one Trend is. Almost a third of those who do not own a car intend to buy a car in the next six months. And of these, almost 30 percent would in turn opt for an electric car (BEV or hybrid). People cite the consequences of the COVID-19 pandemic as the main reasons for willingness to buy.
Particularly interesting is the finding of the EY study that the millennial generation in particular, i.e. the 24 to 39 year olds, will ensure high demand for cars worldwide in the next six months. According to the survey, 45 percent of all first-time car buyers will belong to the younger generation.
Of course, the corona pandemic and its consequences are also changing people's mobility behavior and increasing interest in their own cars. According to a McKinsey survey, only 12 percent of Germans currently consider public transport to be a safe environment. With 80 percent, your own car is at the top with a large margin.
The large online car market AutoScout24 comes to a similar result: Four out of five Germans (82 percent) would not even want to do without their own car under any circumstances due to Corona - the majority do not even want to rent it out at the moment. This is the result of a large-scale survey of almost 6,000 users of AutoScout24 in Germany, Austria, Italy, Belgium and the Netherlands. Accordingly, due to the pandemic, one's own car is considered to be the safest means of transport to protect against infection - a Europe-wide trend.
The McKinsey study mentioned above is not limited to Germany, but is even more international: It includes the USA, China, Japan, Great Britain, Germany, Italy and France. The overall result: 80 percent of those questioned rely on the car, only 8 percent on "public transport". The trend can apparently be observed worldwide.
Similar to McKinsey, EY also sees a clear trend towards cars: More than three quarters (78 percent) of those surveyed say that they will use the car even more for travel in a post-Corona period. And of this group, a good half (52 percent) are “millennials”. According to EY, the increasing demand is being driven primarily by China and India: 90 percent of those surveyed in China want to use their car more, in India it is 85 percent. Germany follows closely behind with 81 percent.
Hildegard Müller emphasizes: “The results of all studies show that we need a discussion on the mobility of the future that is based on the realities of life and the needs of people. This applies in cities as well as in rural areas. The concepts for future mobility must take into account the various interests and perspectives - this is the only way to achieve success in meeting the climate protection goals. "
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