diesel tradeins prompted by scandal
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

boost German car sales

Diesel trade-ins prompted by scandal

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleDiesel trade-ins prompted by scandal

Germans are taking advantage of incentives to trade in diesels.
Frankfurt am Main - Muslimchronicle

Sales of new cars in Germany jumped in November, figures released by the country's automobile industry federation showed Monday, as many drivers cashed in on discounts for upgrading old diesel vehicles.

Some 302,700 new vehicles were registered on the roads of Europe's largest economy last month, an increase of 9.0 percent year-on-year, the German Association of the Automotive Industry (VDA) said.

"Growth was very strong in the last month... one reason is the bonuses for trading in old diesel models," VDA chief Matthias Wissmann said in a statement.

Many German automakers have offered discounts to people trading in older diesel vehicles for a newer, less polluting set of wheels in the wake of repeated scandals over trickery in emissions data that made the cars seem less polluting than they were.

The offers expiring at the end of the year and the threat of court-ordered bans on older diesel vehicles in cities suffering especially badly from air pollution have coaxed drivers into dealerships.

Diesel's share of all new registrations fell, from almost 45 percent a year ago to 34 percent last month, against 61.7 percent for their petrol-powered brethren.

Meanwhile, battery-electric vehicles accounted for just 1.0 percent of cars sold despite increased sales, while hybrids made up a further 2.9 percent.

Other reasons for the strong auto demand include "economic activity humming along, employment at a record high and financing available very cheaply," industry expert Peter Fuss of consultancy EY said.

Looking to the full year, Fuss predicted 3.5-percent growth in overall auto sales in Germany, to just under 3.5 million vehicles -- "the second highest level since the turn of the millennium".

Last year however, car sales saw 4.5-percent growth.

Consumers' interest in buying German did not let up, with 8.0-percent year-on-year growth in sales for homegrown brands in November, to 212,500 vehicles.

Meanwhile, sales of foreign-made cars added 13 percent to reach 90,200.

Figures from Germany's KBA vehicle licensing authority showed that Volkswagen remained the biggest seller, capturing 19.2 percent of sales -- more than double the share of mass-market competitors like Ford or Opel.

But VW's sales fell 4.2 percent year-on-year between January and November, possibly reflecting buyers continuing to punish the firm after its 2015 admission to fitting millions of vehicles worldwide with software to cheat emissions tests.

source: AFP

themuslimchronicle
themuslimchronicle

GMT 09:51 2018 Friday ,05 January

VW to build autonomous cars

GMT 09:00 2017 Saturday ,04 November

BMW says recalling around 1 mln cars

GMT 08:43 2017 Friday ,29 September

police arrest another Audi employee

GMT 08:27 2017 Saturday ,23 September

Carmakers face billions in European

GMT 08:57 2017 Friday ,22 September

Mercedes pumps 1 bln euros
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

diesel tradeins prompted by scandal diesel tradeins prompted by scandal

 



Themuslimchronicle, themuslimchronicle

GMT 12:04 2017 Wednesday ,27 September

Thomas Cook sees tourists return to Turkey and Egypt

GMT 20:15 2017 Friday ,17 March

Attack On Aid Convoy in South Sudan Kills Two

GMT 17:32 2017 Friday ,15 September

At least 33 dead in Nigeria boat capsize

GMT 17:23 2013 Friday ,24 May

Woolwich: Terrorism or political murder?

GMT 17:52 2017 Tuesday ,18 April

Meningitis kills 10 more people in NW Nigeria

GMT 18:08 2017 Tuesday ,17 October

Norway solar firm signs 2.5 bn-euro deal with Iran

GMT 07:43 2018 Monday ,22 January

Macron boosts Merkel ahead of key coalition vote

GMT 05:32 2016 Monday ,18 April

Australian dollar falls amid oil talk breakdown

GMT 04:45 2016 Thursday ,15 December

UAE Ambassador and Chilean Energy Minister discuss

GMT 15:34 2011 Saturday ,19 November

Williams to resume sibling rivalry in exhibition

GMT 13:03 2017 Tuesday ,14 March

Snoop Dogg shoots at Trump in new video

GMT 09:37 2016 Monday ,19 September

Southeast Asian haze crisis killed over 100,000

GMT 08:27 2015 Monday ,19 October

Patriots down Colts in 'Deflategate' rematch

GMT 16:36 2017 Tuesday ,12 September

Quarter of houses in Florida Keys destroyed

GMT 21:22 2016 Thursday ,23 June

Poll: Israelis even on Clinton vs. Trump
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle