Germany's Auto Industry Set Up For A Fall

The German automotive industry could have bottomed out, so believes the country's car association Verband der Automobilindustrie (VDA). However, as BMI explains in its recently published Germany Autos Report, the artificially inflated domestic demand in 2009 increases our concerns that the market may see a significant fall next year. In fact, the VDA forecast passenger car sales to plunge to a record low of 2.6mn units in

To read the full article, please choose one of the following options: