German car sales see sharp decrease in January of 9 percent: official data
AFPFRANKFURT -- New car registrations in Germany, a key measure of demand in one of the most crucial sectors of Europe's top economy, fell sharply in January, official data showed on Monday.
February 6, 2013, 12:02 am TWN
Some 192,100 new cars were registered in January, a slump of 9 percent compared with the same month a year earlier, the VDA auto industry calculated.
Export sales of German-made cars were down as well, falling by 8 percent to 310,700 units in January.
In terms of output, the number of cars rolling off the production line fell by 11 percent to 394,300, VDA added.