German new car registrations dropped 11% on the year in
September, but were down only 2% on a holiday-adjusted basis,
international vehicle manufacturing association VDIK said
Tuesday.
MAIN FACTS:
-New car registrations fell 11% on the year to 250,000 units in
September, VDIK said.
-In the first nine months of 2012, new car registrations in
Germany fell 1.8% on the year to 2.36 million units, supported by
diesel-fuelled cars.
-Diesel motor registrations rose 1.5% on the year in the
January-September period, accounting for 48% of new
registrations.
-"New registrations of diesel cars continue to stabilize the
market," VDIK said.
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500