German auto assn VDA holds 2003 car sales forecast


FRANKFURT, June 23 (Reuters) - German autos industry association VDA said on Monday it was sticking to its forecasts for Europe's biggest car market for this year and still expected roughly flat demand this year. VDA expects about 3.25 million new car registrations this year in Germany, broadly stable compared to last year, helped by stronger demand in the second half. At a press conference, VDA also said it expected domestic production of five million vehicles this year and exports of ...

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