French court grants early release to former President Nicolas Sarkozy    Egypt releases 2023 State of Environment Report    Egypt says Gulf investment flows jumped to $41bn in 2023/24    Al-Sisi meets representatives of 52 global tech firms to boost ICT investments    Egyptians vote in 1st stage of lower house of parliament elections    Egypt's Al-Sisi, Russian security chief discuss Gaza, Ukraine and bilateral ties    Lebanese president says negotiations are only way forward with Israel    Madbouly seeks stronger Gulf investment ties to advance Egypt's economic growth    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Egypt to issue $1.5 billion in dollar-denominated treasury bills – CBE    Egypt's private medical insurance tops EGP 13b amid regulatory reforms – EHA chair    Egypt, Saudi Arabia ink executive programme to expand joint tourism initiatives    Egypt's monthly inflation rises 1.3% in Oct, annual rate eases to 10.1%: CAPMAS    Egypt, US's Merit explore local production of medical supplies, export expansion    400 children with disabilities take part in 'Their Right to Joy' marathon    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt, Albania discuss expanding healthcare cooperation    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Hungary, Egypt strengthen ties as Orbán anticipates Sisi's 2026 visit    Egypt's PM pledges support for Lebanon, condemns Israeli strikes in the south    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Egypt establishes high-level committee, insurance fund to address medical errors    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Car sales on the rise in Germany
Car sales in Europe's power house have increased again in recent months, the German Association of the Automotive Industry has reported. And despite VW's pollution scandal, diesel cars are in high demand.
Published in Daily News Egypt on 04 - 07 - 2016

Car sales in Europe's power house have increased again in recent months, the German Association of the Automotive Industry has reported. And despite VW's pollution scandal, diesel cars are in high demand.
Germany's VDA auto industry association said Monday that car sales in the country soared in June.
The number of new registrations in Germany rose to 339,600 units last month, marking an 8-percent jump year-on-year.
VDA officials reported a 7-percent increase in sales for the first six months of the year, with 1.7 million vehicles shifted in that period.
The association noted that diesel cars remained in high demand despite German auto maker Volkswagen's emissions-cheating scandal. In the first five months of the year, more than 656,000 diesel cars were moved in Germany, thus hitting the highest level ever for that period.
Rosy outlook
VDA confirmed its outlook for the rest of the year, saying that it expected car sales in the country to total 3.2 million in 2016, marking a 3-percent rise from the level recorded in the previous year.
The association predicted the steepest rise in sales in China where it forecast an 8-percent jump, with Western Europe to log a 5-percent increase this year.
VDA President Matthias Wissmann spoke of a continued recovery of the auto industry also in Europe, where car sales had plummeted in the wake of the global financial crisis.
hg/jd (Reuters, dpa)


Clic here to read the story from its source.