Germany: New car sales fall 30% in July

New passenger car registrations in Germany continued to decline in July, by 30% to 237,500 units. In the same month a year earlier, the German automotive industry had reported registrations of 339,976 cars. The year-on-year rate of decline has, however, slowed, albeit by a small margin. In May, the drop in … It’s time to …

New passenger car registrations in Germany continued to decline in July, by 30% to 237,500 units. In the same month a year earlier, the German automotive industry had reported registrations of 339,976 cars.

The year-on-year rate of decline has, however, slowed, albeit by a small margin. In May, the drop in …

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