Although the German car market for 2010 as a whole was down by 23%, it was up by 7% in December according to the VDIK.
The German trade body said that new car registrations in the country were up 7% in December from a year earlier, at 230,000 cars.
For all of 2010, German new car registrations fell 23% on the year, to 2.92 million vehicles. That figure is only 5.6% lower than new car registrations in 2008, the association said. In 2009, new car sales were bolstered by government incentives to 3.8m units and the market swung into reverse as soon as they finished.
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“For 2011, I expect there will be around 3.1 million new car registrations, and with sustained positive economic developments, there could be slightly more than that, ” VDIK president Volker Lange said in the press release.
The year-on-year growth figure for December ends a run of negative months that followed the ending of scrappage incentives in Germany last year.
