Germany Autos Report Q3 2012 - New Market Report Now Available
After a nearly 9% year-on-year (y-o-y) growth in vehicles sales during 2011, new passenger car sales in Germany grew a modest 2% y-o-y (to just over 1mn units) during the first four months of the year, in line with BMI's forecast of a marginal 1% y-o-y growth in car sales..Although commercial vehicle demand has fallen marginally this year, our expectations of macroeconomic activity recovering in Q212 and Q312, and the sharp rise in business expectations in recent months, indicate that...
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