UPDATE 2-German auto industry sticks to flat sales forecast

Newswire

(Adds detail on strikes, quotes, updates shares) By Peter Wuebben FRANKFURT, June 23 (Reuters) - German auto industry association VDA on Monday kept to its forecast of roughly flat car sales in Europe's biggest auto market this year, pinning its hopes on a recovery in demand in the second half. The association expects about 3.25 million new car registrations in Germany in 2003, broadly stable compared with last year, despite a fall of one percent in the first five months of the year. ...

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