German govt measures to boost car sales-VDA

Newswire

BERLIN, Feb 25 (Reuters) - New government subsidies for people that turn in their old cars for new ones could boost German auto sales to about 3 million this year, the head of the VDA car industry association said on Wednesday. "I think with these new measures there is a chance that we can get to about 3 million," VDA President Matthias Wissmann told reporters. In December, the association said it expected new registrations of passenger cars in Germany to fall to about 2.9 million this ...

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