Berlin, - In Germany there are still advantages for flexible wages plus consumer confidence is still high. From January to November 2012, total new car sales in Germany reached 2.88 million units. In November, only 260,000 units.
Germany, Europe's strongest industrial nations, are now affected by the financial crisis on the continent. German Automobile Industry Association (VDA) has predicted that car sales will drop next year.
At a press conference in Berlin (12.04.2012), VDA estimates, purchase a new car next year fell 3.2 percent to about 3 million units compared to this year, 3.1 million units.
Decrease due to the debt crisis in the European Union countries and the second worst since 2010, when it was selling only 2.92 million units, down 23.4 percent.
"We should be able to survive in difficult conditions until next year," said Matthias Wissmann VDA Chairman Inautonews reported yesterday.
