Germany: Car market contracts 34% in May

New car registrations in Germany continued to decline in May 2010. Following a 32% year-on-year drop in April, car registrations fell by 34% last month to 252,800 units. Comparatively, the industry accounted for 384,578 cars in May 2009. Of the total number of cars registered in the country last month, 179,150 It’s time to log … Continued

• By Webmaster
• June 3, 2010