German Auto Sales Growth Slows

May 3, 2011
Increase of 3% in April compared to 11% in March

Sales of new cars in Germany rose by 3% in April from the equivalent figure last year. This was a sharp slowdown from the March rate of 11%, the VDA sector federation said on May 3.

A total of 266,380 vehicles were delivered in the biggest European auto market, VDA data showed, while figures since the beginning of the year showed a gain of 11% to nearly 1.03 million vehicles.

The German market "is in a normalization process," VDA president Matthias Wissmann noted.

Exports gained 2% to 358,000 vehicles in April on an annualized basis, while overall production was also two 2% higher at 472,000 units.

Manufacturers of German luxury autos forecast a bumper year owing to strong demand in emerging markets, led by China which is now the world's biggest auto market.

Copyright Agence France-Presse, 2011

Popular Sponsored Recommendations

How Manufacturers Can Optimize Operations with Weather Intelligence

Nov. 2, 2023
The bad news? Severe weather has emerged as one of the biggest threats to continuity and safety in manufacturing. The good news? The intelligence solutions that build weather ...

Gain a competitive edge with real-world lessons on private 5G networks

Nov. 16, 2023
The use of private networks in manufacturing applications is rapidly growing. In this paper, we present valuable insights and lessons learned from the field with the goal of enhancing...

Digitally Transforming Data and Processes With Product Lifecycle Management

Oct. 29, 2023
Manufacturers face increasing challenges in product development as they strive to consistently deliver improved results. Discover how industry leaders are improving time-to-market...

Discrete and Process Manufacturing 2024 Trends and Outlook for North America

Oct. 29, 2023
Manufacturers are reaping the benefits of automation and cloud-based solutions. Discover what is driving today's industry trends and how they can shape your growth priorities ...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!