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Nicklin86
2021-05-07

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Tesla Saw New Registrations Drop 25% In Germany In April, While Volkswagen Saw 108% Rise

Tesla Inc Asaw new registrations fall 24% year-over-year in April in Germany, while Volkswagen AG’s

Tesla Saw New Registrations Drop 25% In Germany In April, While Volkswagen Saw 108% Rise

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Cyberboyz
·2021-05-07
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On the same day, Volkswagen OTC shares closed 0.32% higher at $31.42.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Saw New Registrations Drop 25% In Germany In April, While Volkswagen Saw 108% Rise</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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in March the number was 56,550, indicating a month-over-month fall of 23.5%. The automaker secured the largest share of new registrations in April at 18.8%.\nNotably, all German brands saw a YoY rise in registrations. Stellantis N.V.’s Opel and Mercedes, a marque owned by Daimler AG , saw registrations rise 174.6% and 158.5% respectively.\nOther brands that saw registrations rise include Nissan Motor Co, Ltd ,Hyundai Motor Company , and Mahindra & Mahindra Limited owned Ssangyong, which grew 146.1%, 135%, and 106.9% respectively.\nWhy It Matters:In April, it was reported that the Elon Musk-led company’s first-quarter Germanregistrations rose 83% YoY, but it was bested by Daimler’s Smart, whose registrations soared 313.8% in the same period.\nIn April, Smart registered 2,271 vehicles, while in March that number was 2,592 vehicles — a fall of 12.38%.\nMeanwhile, Tesla’s share ofnew registrations in China continues to grow.34,635 new registrations were recorded in March of the company’s vehicles, compared with 18,155 registrations in February.\nPrice Action:Tesla shares closed 1.1% lower at $663.54 in Thursday’s regular session and gained 0.22% in the after-hours trading. 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