German automotive association out with their latest report

  • scandal has damaged trust in the company, the entire sector and diesel technology
  • German car registrations expected to increase slightly in 2016 to 3.2mln if no deterioration in conditions
  • exports of German cars expected to rise 2% in 2015 to 4.4mln
  • passenger car registrations up 9% in Nov to 272k

Affected by Volkswagen but the industry still sees growth

Euro going nowhere fast but finding demand in the dips still