German new car sales down in November: trade data

December 2, 2014
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German new car sales down in November: trade data/AFP
German new car sales down in November/AFP

, FRANKFURT, December 2- New car registrations in Germany, a key measure of demand in one of the most important sectors of Europe’s top economy, declined in November, the VDA industry federation said Tuesday.

A total of 250,100 new cars were registered last month, a drop of 2.0 percent year on year, VDA said in a statement. 

Since the beginning of the year, new car registrations rose by 3.0 percent to 2.807 million, it added.

And for the year as a whole, VDA chief Matthias Wissmann predicted that sales would “slightly exceed” the three million mark.

“That represents a modest increase of around 2.0 percent from the previous year,” Wissmann said.

 

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