Tag Archives: VDA

Russia’s car market overtakes Germany in August sales

Russia's car market overtakes Germany in August sales

Russia’s car market became the largest in Europe in August, overtaking Germany due to a fall in sales there, according to Russia’s analytical agency Autostat.

Germany’s VDA says European car market grew 5% in July

European car market grows 5% in July, Germany's VDA says

Europe’s troubled car market grew by 5 percent in July, only the second time this year the region has seen monthly growth, Germany’s auto industry association VDA said.

Merkel sticks to German EV target despite low consumer interest

German Chancellor Angela Merkel has reaffirmed her target to bring 1 million electric cars onto German roads by the end of the decade, despite weak interest from consumers.

Her government is hosting a two-day industry summit in Berlin to promote the fledgling technology, after fewer than 3,000 electric cars were sold in Germany last year out of a total market that exceeded 3 million.