Germany’s Association of International Motor Vehicle Manufacturers, or VDIK, has reported that German new car registrations fell 17.6% on the year in November to around 233,800 units.
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Adjusted for the number of working days, new car registrations were down 10% on the year in November, continuing a streak of weak results in recent months, VDIK said in a statement.
New car registrations, which mirror car sales, posted heavy losses of 8.2% in October and more than 10% in September and August each.
The renewed slump in new car registrations pushed year-to-date figures into negative territory for the first time this year.
In the first eleven months of the year, new car registrations in Germany were down by 1.5% compared with the same period last year, at 2.86m units.
The association said that 2008 will be the worst year since 1990.
