Germany's motor vehicle output increases slightly in H1

Wednesday, 05 August 2015 16:40:07 (GMT+3)   |   Istanbul
       

In June of the current year, new motor vehicle registrations (including passenger cars and commercial vehicles) in the German market totaled 345,219 units, up 22.5 percent month on month and increasing by 12.6 percent year on year, according to the data released by the German Association of the Automotive Industry (VDA). Meanwhile, in the January-June period of this year Germany's new motor vehicle registrations increased by 5.2 percent year on year, totaling 1,779,310 units.
 
According to the VDA, in June this year 540,610 motor vehicles rolled off production lines in Germany, which represents a month-on-month increase of 14.5 percent and a year-on-year increase of 11.7 percent. German motor vehicle output in the first six months of the current year amounted to 3,082,320 units, showing 0.47 percent growth from the same period of 2014.
 
In June this year, a total of 411,890 motor vehicles were exported from Germany, up 12.6 percent month on month and increasing by 16.5 percent compared to June 2014. In the first six months, German motor vehicle exports amounted to 2,369,530 units, increasing by 0.91 percent year on year

Similar articles

German construction PMI down slightly to 50.8 in May

05 Jun | Steel News

Northern European producers’ prices are on the rise, but will the market buy?

03 Jun | Flats and Slab

Salzgitter releases Q1 2009 financial report

14 May | Steel News

Sumitomo’s Seymour Tubing to close Dunlap plant

21 Apr | Steel News

US flat rolled market - Domestic mills optimistic about Q4

26 Oct | Flats and Slab

China's 2006 automobile output ranks third in the world

12 Feb | Steel News

US economic overview - December 14, 2006

14 Dec | Steel Matters

Steel trade case pits two powerful opponents against each other – Mittal against itself

20 Oct | Steel Matters

ThyssenKrupp third quarter earnings increase 28%

13 Aug | Steel News

Current outlook of European economy is not encouraging

21 Nov | Steel Matters