German new car sales fall 3% in 2012
- Published: 3 Jan 2013 at 21.45
- Online news: World
New car registrations in Germany, a key gauge of demand in one of the most important sectors of Europe's biggest economy, fell nearly three percent last year, official data showed Thursday.
BMW car at the company headquarters in Munich, southern Germany on November 9, 2010. New car registrations in Germany, a key gauge of demand in one of the most important sectors of Europe's biggest economy, fell nearly 3% in 2012.
Around 3.10 million new cars were registered in 2012, down from 3.17 million in 2011, the auto industry federation VDA said in its annual report. It said the sector had seen a particularly sharp decline in December, of 16 percent.
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