Showing posts with label German car. Show all posts
Showing posts with label German car. Show all posts

German car exports up by nearly half in May

An industry group says German car exports saw another strong year-on-year rise in May _ increasing by nearly half as global demand recovers.

The VDA group said Wednesday that Germany exported 367,700 cars last month _ an increase of 46 percent compared with May 2009. That followed a 58 percent rise in April.

Sales in Germany itself have been slipping in year-on-year terms for months after a popular government car-scrapping program expired.

That trend continued in May. Some 252,800 new cars were registered in Germany _ 34 percent fewer than a year earlier. They were down nearly 32 percent in April.

VDA said the healthy export performance helped push up production _ which rose 10 percent on the year to 470,100.