Germans may import own cars from U.S. as euro rises

Newswire

FRANKFURT, Jan 8 (Reuters) - The euro has risen so far against the dollar that Germans buying new luxury cars could start saving money reimporting vehicles made at home from the U.S., according to a study by an industry research group.

Penny-pinching may not be the first priority for anyone spending 450,000 euros ($566,100) on Porsche's latest sportscar, but the money saved importing from the U.S. would buy an off-roader worth 60,000 euros to go with it.

"The sharp ...

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