Der aktuelle Vorschlag der EU-Kommission, den Verkauf von Fahrzeugen ohne gültige Hauptuntersuchung zu untersagen, zielt auf Umwelt- und Sicherheitsziele - verfehlt dabei jedoch zentrale ökonomische und politökonomische Realitäten. Der vorliegende Policy Impuls zeigt auf, wie die Maßnahme...

The EU Commission is planning an annual general inspection for cars over ten years old in order to increase road safety. This Policy Impulse analyzes the measure from an economic perspective and shows: The planned regulation hardly achieves any safety-relevant effects, but causes considerable...

The automotive industry is undergoing a fundamental transformation driven by digitization, enabling original equipment manufacturers (OEMs) to exert increasing control over vehicle functions, data, and - consequently - aftersales markets. Despite high relevance for consumers, regulatory scrutiny...

The European fleet of passenger cars is increasing in size and rapidly ageing. A larger stock of older vehicles introduces a legacy effect limiting the adoption of newer cars, thus slowing down the transition towards more fuel-efficient and less polluting ones. Yet, little is known about the...

To support the green transition in the automotive sector, the EU has introduced CO2 emission performance standards, also known as the excess emissions premium (EEP) regulation, which will tighten until 2035. Manufacturers exceeding their average fleet emission targets must pay a penalty. The...

To support the green transition in the automotive sector, the EU has introduced CO2 emission performance standards, also known as the excess emissions premium (EEP) regulation, which will tighten until 2035. Manufacturers exceeding their average fleet emission targets must pay a penalty. The...

Effects of climate emergency declarations (CEDs) have been reported in multiple cases; this is the first paper to test their potential economic impacts on the market share of electric vehicles (EVs). We use panel data on German CEDs at the district level from 2015 to 2023, employ a...

The FDZ Ruhr provides a dataset on car advertisements in Europe, drawing from information obtained from the online marketplace AutoScout24. The dataset includes a diverse range of vehicle listings, covering various manufacturers, models, fuel types, and other key characteristics. The dataset...

The FDZ Ruhr provides a dataset on car advertisements in Europe, drawing from information obtained from the online marketplace AutoScout24. The dataset includes a diverse range of vehicle listings, covering various manufacturers, models, fuel types, and other key characteristics. The dataset...

The automotive industry is undergoing a fundamental transformation driven by digitization, enabling original equipment manufacturers (OEMs) to exert increasing control over vehicle functions, data, and - consequently - aftersales markets. Despite high relevance for consumers, regulatory scrutiny...

The FDZ Ruhr provides a dataset on car advertisements in Europe, drawing from information obtained from the online marketplace AutoScout24. The dataset includes a diverse range of vehicle listings, covering various manufacturers, models, fuel types, and other key characteristics. The dataset...

The FDZ Ruhr provides a dataset on car advertisements in Europe, drawing from information obtained from the online marketplace AutoScout24. The dataset includes a diverse range of vehicle listings, covering various manufacturers, models, fuel types, and other key characteristics. The dataset...

Poland disposes on a large stock of mostly aged private passenger cars. In contrast younger cars still play minor role in individual mobility. The contribution analyzes reasons of lagging modernization by focusing on new cars prices with respect to regional price discrimination. It finds in...

I develop a general framework for markup and markdown estimation that allows for profit sharing along value chains without making assumptions on conduct between vertically related firms. I derive the conditions under which the markup and markdown estimates relate to the firms' equilibrium...

The transition to a zero-emission car fleet is a pivotal element of Europe's decarbonisation strategy. Italy's participation in this trajectory is significant, given the size of its car fleet. Currently, only battery electric (BEVs) and hydrogen-powered are considered zero-emission vehicles. The...

This article studies the effects of the latest European regulations on carbon emissions on the Italian car market and discusses the possibility of achieving climate neutrality of road transport through the "mere" replacement of cars currently on the road with new zeroemission cars. Since 2016,...

Battery electric vehicles (BEV) present a promising approach to decarbonizing the transportation sector. This extends beyond electric passenger cars, such as electric motorcycles that hold significant potential in emerging markets with high population density and income disparities. However,...

How does fiscal stimulus affect durable goods sales and to what extent does stimulus drive inflation? We study this question in the context of how the unprecedented pandemic fiscal stimulus affected household car purchases and auto prices. Using administrative data on vehicle registrations, we...

We study the effects of a large car scrappage scheme in Germany on new car purchases and local air quality by combining vehicle registration data with data on local air pollutant emissions. For identification we exploit cross-sectional variation across districts in the number of cars eligible...

Competitive industries respond to positive demand-side and negative supply-side shocks in predictable ways. Prices will rise and, under some conditions, margins along with them. Margins may rise because of supply shocks, but they do so in competitive markets without collusion among producers....

I study the impact of subsidies for Plug-in hybrid vehicles (PHEV) on carbon emissions. I show that subsidizing innovations without considering consumer behavior can harm the environment. I provide descriptive evidence on charging instances of PHEV and combine it with a structural model of...

We study the effects of a large car scrappage scheme in Germany on new car purchases and local air quality by combining vehicle registration data with data on local air pollutant emissions. For identification we exploit cross-sectional variation across districts in the number of cars eligible...

Certain features of imported second-hand cars (e.g., age, degree of wear and tear, technical design) can increase their likelihood for traffic crashes. Three official datasets which cover an eight year period (2008–2015) are used to test the connection between importation of second-hand cars...

This study aims to investigate the effectiveness of car scrappage schemes implemented in the European Union (EU) during the economic crisis of 2009. The study uses a synthetic control variable and a difference-in-differences method to evaluate these policies. Using monthly data on new passenger...

With more than 3 million new passenger cars sold every year, Germany’s automobile industry is a major player on the European car market, and one seen as an important arena for achieving climate protection targets. Using high-resolution car registration data from each state in Germany between...

Accurate demand forecasting is important for automotive manufacturing and sales planning because it allows firms to minimize costs and improve their effectiveness. Based on the limitations of existing literature, this paper seeks to establish a novel machine learning-assisted hybrid-input...

Mid-priced cars (segment B) are attracting the attention of middle-income families in Vietnam. They often consider choosing one of three vehicles from three different manufacturers, consisting of Hyundai Accent 1.4AT, Toyota Vios 1.5G, and Honda City 1.5L. This study was carried out to rank...

We utilize vehicle registration microdata for all new and used vehicles registered in the U.S. for model years 2010-2022 to study the market for used battery electric vehicles (BEVs). From these records, we establish two stylized facts: 1) BEVs enter the used market at the slowest rate compared...

We develop and estimate a spatial search-and-bargaining model to study the role of intermediaries and spatial frictions using data from the used-car market. We find that dealers earn price premiums by leveraging three key advantages: selective acquisition of higher-quality cars, superior...