Mexican Media Brands
VDA Predicts 4% Growth in Car Sales in Germany
Germany’s car market will expand 4% to 3.17 million sales this year in spite of the bad publicity about Volkswagen AG’s diesel engine emissions scandal, the country’s VDA trade group predicts.
#economics
Share
Germany’s car market will expand 4% to 3.17 million sales this year in spite of the bad publicity about Volkswagen AG’s diesel engine emissions scandal, the country’s VDA trade group predicts.
VDA previously forecast this year’s sales would expand 2% to 3.1 million units.
The group also says it has detected no slump in demand for diesels. It points out that sales of such cars in Germany expanded faster in August-November than the market overall.
But the association cautions that headwinds caused by terrorism and political tensions in the Middle East could limit next year’s sales growth to 3.2 million units in Germany.
RELATED CONTENT
-
Multiple Choices for Light, High-Performance Chassis
How carbon fiber is utilized is as different as the vehicles on which it is used. From full carbon tubs to partial panels to welded steel tube sandwich structures, the only limitation is imagination.
-
Choosing the Right Fasteners for Automotive
PennEngineering makes hundreds of different fasteners for the automotive industry with standard and custom products as well as automated assembly solutions. Discover how they’re used and how to select the right one. (Sponsored Content)
-
TRW Multi-Axis Acceleration Sensors Developed
Admittedly, this appears to be nothing more than a plastic molded part with an inserted bolt-shaped metal component.
