New car sales in Germany were off around 7% in May, given fewer trading days, Germany's association of international motor vehicle manufacturers VDIK told Reuters.
New car sales in Germany were off around 7% in May, given fewer trading days, Germany’s association of international motor vehicle manufacturers VDIK told Reuters.
“The German new car market contracted by around 7% in May, adjusted for fewer trading days it remained flat,” VDIK president Volker Lange said on the sidelines of the Leipzig motor show.
“So far we have been forecasting the German new car market would be at around 3.2m vehicles but this depends on further economic development,” Lange added.
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