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German New Car Sales Up in June

The country's automobile industry group reported a 13% jump in new registrations for June compared to June 2014, and projects a 2% increase in total new registrations this year.

BERLIN — New car registrations in Germany, a key measure of demand in one of the more important sectors of Europe's top economy, rose strongly in June, data showed on Thursday.

A total of 313,600 new cars were registered last month, a jump of 13% compared with the figure for the same month last year, the Verband der Automobilindustrie automobile industry federation said in a statement. That pushed the number for the first half of the year up by 5% to 1.619 million vehicles, VDA calculated.

"The German auto market remains on track. For the whole of 2015, we're projecting a 2.0% increase in new registrations to 3.1 million," VDA president Matthias Wissmann said. 

A total 511,100 cars rolled off German production lines last month, an increase of 12% year-on-year, VDA said. During the six months to June, output was steady at 2.917 million vehicles.

The number of new cars exported increased by 17% in June alone and edged up by 1% in the six-month period, VDA added.

Copyright Agence France-Presse, 2015

TAGS: Demographics
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