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Germany

Company Car Drivers in Germany Push Electrification

New registrations in Germany are experiencing an electrification boom. In the first quarter of 2021, almost one out of four (24%) newly registered passenger cars was equipped with an alternative powertrain - and this figure is even higher on the fleet market.  

Cox Automotive Acquires German Remarketing Platform pkwNOW

The automotive services provider Cox Automotive announced May 4, 2021 that it is expanding operations into Germany by acquiring pkwNOW, a dealer-to-dealer (D2D) online auction platform.Fitting pkwNOW into the company’s extensive brand portfolio will help Cox Automotive increase its European presence, says the firm and increase sold car volumes in Germany.

Luxury Genesis Brand Launches in UK as Part of European Rollout

Hyundai’s luxury brand Genesis is launching into Europe, commencing sales operations in the UK, Germany, and Switzerland in 2021. Having already been present in Korea and the U.S. for several years, this is the first time the Genesis nameplate is taking on Europe

Germany Making up for Delayed Fleet Orders

Up to 40% of fleets in Germany suspended vehicle orders in April, and many vehicles that were ordered at the end of 2019 and the beginning of 2020 are just now rolling to customers.

Mercedes-Benz Unveils All-Electric Minivan

Mercedes-Benz Vans battery-electric Concept EQV van can travel up to 250 miles on a single charge. The van makes its debut at this year’s IAA in Hannover, Germany in September.

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