Germany sees 17 pct rise in new car sales: VDA

2nd February 2011, Comments 0 comments

New car sales in Germany gained an annualised 17 percent last month to 211,100 vehicles the auto federation VDA said on Wednesday, with diesel-powered autos posting particularly strong gains.

German exports grew by 10 percent meanwhile to 312,800 vehicles while overall production was also 10 percent stronger at 416,100 units, a VDA statement said.

The sector's order backlog jumped by 27 percent to 435,300 automobiles, the highest level for a month of January since 2001, it added.

German brands profited in particular from the increase in domestic sales, and a breakdown of the data showed sales of diesel-powered German cars had leapt by 40 percent to represent more than half of all new German cars sold.

A global economic rebound has boosted demand for German autos in many emerging markets, especially China.

In 2009, the German market had contracted by about one-quarter, following the expiration of subsidies for drivers that turned in old cars to buy new ones.

This year, VDA expects 3.1 million autos to be sold in Germany, which would mark a gain of about six percent and exceed the level recorded in 2008.

On Tuesday, French automakers reported an increase of 8.2 percent in January sales, while the Italian market saw a decline of 20.7 percent and Spain said its car sales had slumped by 23.5 percent.

© 2011 AFP

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