German July car registrations down 30% on year

Discussion in 'Economics' started by ASusilovic, Aug 3, 2010.

  1. LONDON (MarketWatch) -- German new car registrations totaled 237,500 in July, down 30% from the same month last year, the Association of International Motor Vehicle Manufacturers, or VDIK, reported Tuesday. New-car sales were boosted in 2009 by the German government's incentive program, which ended last September.

    Don´t worry, growth in Asia is compensating this decline...:cool: