Demand for new cars falls in Germany as virus cases rebound

Energy Daily

Published

Frankfurt Am Main (AFP) Sept 3, 2020

The German car market deepened its slump in August as a jump in coronavirus cases caused consumers to hold back on new purchases, industry figures indicated Thursday. Registrations fell 20 percent compared with August 2019, a large drop compared to July, when registrations were down only 5.4 percent year-on-year, data published by the Federal Motor Transport Authority showed. Germany rec

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