German Automakers Revise 2017 Sales Forecast Upward

Newswire

BERLIN, Oct 4 (Reuters) - Germany's main auto industry lobby said registrations of new passenger cars will grow more rapidly than expected this year, thanks to carmakers' incentives to trade in old diesel models and the country's robust economy. New car registrations in Europe's largest auto market may increase 4 percent this year to around 3.5 million models, the VDA auto industry association said on Wednesday, compared with previous guidance that sales would hold steady ...

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