Kögel's Market Share Continues to Grow in Germany

July 26, 2012
Even though the trailer market in Germany has shrunk by 6.9% in the first six months of this year, Kögel has been able to increase its share of the market by 2%, according to registration figures issued by the Federal Authority for Powered Vehicles

Even though the trailer market in Germany has shrunk by 6.9% in the first six months of this year, Kögel has been able to increase its share of the market by 2%, according to registration figures issued by the Federal Authority for Powered Vehicles (VDA).

In the field of curtain-sider trucks, Kögel recorded a market share of over 18%.

Around 17% of the 40,149 trailers produced by German trailer manufacturers were supplied by Kögel, according to the VDA. That is 4% more than the comparable time period in 2011, and there also was a reduction in production of all German manufacturers. 69% of the Kögel trailers were destined for the export market.

"In contrast to our major competitors, we have once again been able to increase our share of the market in Germany considerably. This is not only as a result of our high quality vehicles, but also primarily because of the long-term added value that they represent,” said Thomas Heckel, CEO and Managing Director at Kögel.