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GERMANY - Eurozone gloom - car production
Germany’s February car production drops 2.9% - Exports down 5.8%
Published: Tue, 03 Apr 2012 20:05:56 GMT
 

Signs that even Germany’s resilient car industry is not blessed with gravity defying qualities have emerged from latest figures showing that February’s car production and exports lurched into reverse

After a year of better than earlier expected car production and exports, with both setting new all-time records, Germany’s autoindustry came in for a rude awakening at the beginning of this year as consumers in Europe’s austerity struck markets shunned all earlier thoughts of buying a new car.

The ill-effects of slowing demand in Europe, accompanied by cooling demand in China’s previously sizzling car market, have made their inevitable mark on Germany’s export driven car production
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DATA TABLES INCLUDED:
++ GERMANY PASSENGER CAR PRODUCTION TABLES, DOMESTIC AND OVERSEAS BY MANUFACTURER 2011 VS 2010 AVAILABLE TO SUBSCRIBERS IN THIS ISSUE ++

 

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