GERMANY: New car registrations rise 2% in July - report
German demand for new cars picked up in July, while production and exports also rose, although it was still too early to talk of a sustainable recovery, industry association VDA said on Monday, according to Reuters. New car registrations in Germany, Europe's largest car market, rose 2% to 288,000 vehicles last month, the highest July level for four years, with the year-to-date decline at 1%, Reuters said, citing a VDA a statement.
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