Boston, MA -- (SBWIRE) -- 05/30/2014 -- In 2013, vehicle sales in Germany declined 4% on the back of a 4.2% drop in the passenger car segment and a 2.2% fall in the commercial vehicle (CV) segment. In 2014, we expect to see a return to growth in the industry, with total vehicle sales forecasted to increase 2.3% over the year. This comes from an expected 2.0% increase in passenger car sales and a 5.3% increase in the CV segment.
In 2013, vehicle production in Germany increased 1.2% on the back of a 1.1% increase in the passenger car segment and 2.3% raise in CV output. In 2014, we forecast a 5.9% increase as passenger car output is expected to increase 6% and CV output increase 4.1%.
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The Germany Autos Report features the latest data and forecasts covering production, sales, imports and exports.
Business Monitor International (BMI)'s Germany Autos Report provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the automotives market in Germany.
- Benchmark BMI's independent automotives industry forecasts on Germany to test other views - a key input for successful budgetary and planning in the German automotives market.
- Target business opportunities and risks in the German automotives sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Germany.
- Assess the activities and market position of your competitors, partners and clients via our Competitive Landscape Analysis.
BMI Industry View
Summary of BMI's key industry forecasts and views, covering production, sales and the introduction of new technology or products.
Global, Regional and Country Industry Overviews
In-depth analysis of the major global and regional developments in the market, which can be linked with the country industry overview, providing cross-country investment, product and financing trends that will affect each market, supported by BMI?s global and regional industry forecasts.
Business Environment Ratings
BMI's proprietary Autos Business Environment Ratings are a unique country-comparative Risk-Reward Ratings index that separately analyses the risks and rewards of operating in each market. It is aimed at investors (including manufacturers, suppliers and dealers) who seek to either identify and compare market opportunities, or evaluate country-specific operational challenges.
The ratings methodology makes sophisticated use of over 40 industries, economic and demographic data points.
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