German car sales gain 22 percent in May: VDA

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German new car sales jumped by 22 percent in May from the same month a year earlier, figures released Friday by the VDA federation showed.

A total of 304,700 vehicles were delivered in the biggest European car market, a statement said, with German brands representing more than 70 percent of the total, dominating in particular the diesel engine segment.

German new car sales have now posted six consecutive months of gains, VDA added.

Exports are also still faring well, with an annualised gain of 16 percent in May to 421,000 vehicles.

In the first five months of 2011, German auto exports have gained 11 percent to a total of 1.953 million units, the data showed.

Overall production was 20 percent stronger month-on-month in May at 563,000 automobiles, but rose by a more modest nine percent in the five-month period to 2.534 million.

© 2011 AFP

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