German car registrations to rise one pct in '03-VDA

Newswire

FRANKFURT, Jan 30 (Reuters) - German auto industry association VDA confirmed at its annual news conference on Thursday it expected 3.25 million new car registrations in Germany in 2003, a rise of just one percent from last year. VDA President Bernd Gottschalk told Reuters in an interview in December stagnant demand at home and a contraction in the world's biggest auto market, the United States, would mean another tough year for German carmakers in 2003. He said then the VDA expected new ...

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