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Germany’s passenger car market shrinks, orders from abroad rise


192,100 passenger cars were newly registered in Germany last month, nearly 9 percent less than in January 2012. While new registrations of imported cars fell almost 16 percent, domestic sales of German-branded cars fell by 5 percent. “The January figures show that the German passenger car market cannot completely escape the economic difficulties in Europe,” said Matthias Wissmann, president of the ...
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More germany auto sales articles

Germany’s new car registrations down 8.5 percent in January
New car sales in Germany are dropping, reflecting declines in other key European regions. New registrations in Europe's largest auto market fell 8.5 percent in January to about 192,000 vehicles, the ...
China may overtake Germany as world’s largest luxury car market this year
China may overtake Germany to claim second spot in the ranking of the world’s largest luxury car markets this year. Currently, the world's largest market for luxury cars is the United ...
2011 to be a record year for German carmakers, industry group says
German carmakers will have a record year with sales clearly higher than last year, Germany's Bild newspaper reported, citing Matthias Wissmann, chairman of the German carmakers’ association - the VDA. Wissman ...
Germany: New car market up 7pct in December
VDIK - German auto importers association announced today that new-car market in Germany raised 7 percent in December and it predicted further growth for 2011. According to the KBA, registrations rose ...

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