Germany: New car registrations down 4% in January

With the discontinuation of the scrappage incentive in Germany, new car registrations in January dropped by 4% to 181,500 units, compared with 189,385 cars registered in January 2009. Both local and foreign brands posted declining registrations last month. German brands accounted for 121,400 cars registered, down 5% from 127,292 a year It’s time to log … Continued

• By Webmaster
• February 5, 2010