Germany: CV market contracts by 28% in 2009

While new passenger car registrations rose by 23%, boosted by the scrappage incentive, new commercial vehicle registrations in Germany fell 28% to 242,200 units. Comparatively, the industry had accounted for registrations of 334,999 units in 2008. There were no surprises in December 2009 either, with the CV industry in Germany down Subscribe to Automotive World … Continued

• By Webmaster
• January 15, 2010