BRIC | CHINA |
|
Follow @AIDNewsletter
|
 Germany’s encouraging car sales recovery came to a sudden halt in October, seemingly ending a period of markedly faster than earlier anticipated car sales expansion that first began during the closing months of last year and has gathered further momentum ever since Although October’s 1.1 per cent sales gain stands out as the way and ahead smallest rate of growth in the current year, this was in part due to a comparatively high sales turnout during the same month last year. In consequence, some commentators believe that October’s sudden slowing in the rate of advance may be little more than a temporary check, and not so much a fundamental change in the market’s vitality. Other than that, the aftermath of the Volkswagen diesel emissions scandal has focused minds on the underlying health of Germany’s diesel car market. The expected steep fall off in demand for diesel cars, while expected by some observers, has not yet materialised. However, despite familiar business as usual in Germany’s October diesel car market, there is no knowing whether that was due at least partly to a deliberate sales push effort from some anxious carmakers such as the beleaguered Volkswagen Group. Either way, October’s diesel car sales share in Germany reached 47.7 per cent, up marginally from the 47.5 per cent recorded during the same month last year...more MORE LIKE THIS: | SUV-Crossovers outsell mainstream Small-Sector cars for the first time 20 Oct 2015
|
|
|
To continue reading this article, please register for a free sample without obligation... Please note that eagleAID.com is a subscriber-only site, and as such it can only be viewed by subscribers to the newsletter. |