Categories: Europe

Germany’s VDA optimistic for auto trade restoration

BERLIN — Germany’s VDA auto trade foyer is optimistic for a restoration within the sector within the second half however warned that the trade’s issues have been difficult.

“We’re cautiously optimistic for the second half of the 12 months, that we are going to see an upturn and that there might be some catch-up results,” VDA President Hildegard Mueller informed ZDF tv on Tuesday.

Final 12 months, registrations in Germany fell 19 % to 2.92 million.

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