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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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