Germany: Car market contracts 4.8% in May

New passenger car registrations in Germany declined 4.8% year-on-year in May 2012 to 290,000 units. In the same month a year earlier, the country's automotive industry had posted registrations of 304,543 cars. Although car registrations fell from a year earlier, last month's numbers were up compared with April 2012, when a It’s time to log … Continued

• By Webmaster
• June 7, 2012