German car sales revival unlikely near term - VDA

FRANKFURT, Aug 15 (Reuters) - A significant recovery in new car sales in Germany, Europe's biggest market, is unlikely in the next few months, the head of the VDA industry association Bernd Gottschalk said in an interview published on Sunday.

VDA cut its 2004 forecast for new car sales to 3.24 million last month, implying little change from 2003, having previously expected growth of about three percent.

Gottschalk said the new forecast was achievable, assuming ...