By Friedrich Geiger
FRANKFURT--German new car registrations rose in October, the
Federal Motor Transport Authority said Monday, after a two-year
decline in sales.
Registrations, a proxy for sales, increased 2.3% on the year to
265,441.
October's new car registrations were stronger than in previous
months as they declined 5.2% year-to-date.
BMW AG's (BMW.XE) namesake brand, General Motors' (GM) Opel
brand and Volkswagen AG's (VOW.XE) Skoda unit all fared well with
increases of 3.1%, 12% and 37%. Some Japanese brands also did well
with Toyota's' registrations rising almost 16% and those of Mazda
by 56%.
However, new registrations by PSA Peugeot Citroen (UG.FR)
declined, with a 21% slump at the Peugeot brand and 15% at
Citroen.
Write to Friedrich Geiger at friedrich.geiger@wsj.com