Advertisement
Advertisement

German car lobby VDIK expects 6% sales growth in German car market in 2023

By:
Reuters
Published: Dec 2, 2022, 10:21 GMT+00:00

BERLIN (Reuters) - The VDIK car lobby for foreign brands in Germany said on Friday it expects sales in the German car market to grow by 6% next year to 2.75 million vehicles.

German car lobby VDIK expects 6% sales growth in German car market in 2023

BERLIN (Reuters) – The VDIK car lobby for foreign brands in Germany said on Friday it expects sales in the German car market to grow by 6% next year to 2.75 million vehicles.

According to the association, new registrations in Germany are to fall by 1% to 2.6 million units this year. Sales of electric cars are forecast to increase by 9%, but it said growth momentum was slowing here.

(Reporting by Ilona Wissenbach, Writing by Rachel More, Editing by Miranda Murray)

About the Author

Reuterscontributor

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products:

Did you find this article useful?
Advertisement