Passenger Car Tire Market in Germany to Grow at a CAGR of 1.85%Between Year 2015-2019
According to the World Bank, in 2011, Germany had 531 passenger cars per thousand people and had a network of roads measuring 643,702 km (399,978 miles). According to the ACEA, there were 42.93 million cars in use in the country during the same year, indicating the commercial viability of the automotive industry and associated markets in the country.
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