German auto demand to rise 3 pct in 2004 - car ass'n

Newswire

FRANKFURT, Jan 29 (Reuters) German auto demand will rise about three percent this year to 3.35 million vehicles, the country's VDA auto industry association said on Thursday, repeating an earlier forecast. VDA also said in a statement at its annual press conference that German car exports reached a record level of 3.67 million autos last year and that the strong euro against the dollar had so far had no substantial impact. A continued appreciation of the euro, however, may pose a problem ...

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