Germany's passenger car output down 27 percent in July from June

Friday, 05 August 2016 16:35:26 (GMT+3)   |   Istanbul
       

In July this year, new passenger car registrations in the German market totaled 278,900 units, down 17.9 percent month on month and decreasing by four percent year on year, according to the data released by the German Association of the Automotive Industry (VDA). Meanwhile, in the first seven months of this year, Germany's new passenger car registrations increased by five percent year on year, totaling 2,012,700 units.
 
According to the VDA, in July of the current year 410,900 passenger cars rolled off production lines in Germany, which represents a month-on-month decrease of 27 percent and a year-on-year fall of 23 percent. German passenger car output in the January-July period of this year amounted to 3,439,300 units, remaining stable compared to the same period of last year.
 
In July this year, a total of 333,700 passenger cars were exported from Germany, down by 19.8 percent month on month and decreasing by 18 percent compared to July last year. In the first seven months of the current year, German passenger car exports amounted to 2,619,200 units, down by one percent year on year.

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