German Carmakers’ Delivery Times Decline, Die Welt Says

German carmakers’ delivery times are shrinking and discounts are growing as demand for new vehicles declines, Die Welt reported, citing a study.

Car buyers in Germany who took delivery in November had waited an average of 3.3 months, compared with 3.6 months in October, the newspaper said, citing a study by the Center for Automotive Research at the University of Duisburg-Essen.

Delivery times of German nameplates fell to 3.6 months in November from 3.7 months in October; foreign brands saw a steeper drop, to 2.7 months from 3.5 months, Die Welt said.

To contact the reporter on this story: Andreas Cremer in Berlin at acremer@bloomberg.net.

To contact the editor responsible for this story: Chad Thomas at cthomas16@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.