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3/5/08

Forbes,com: Industry Optimism at German Auto Sales

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Industry Optimism at German Auto Sales

German domestic auto sales grew by 17 percent in the first two months of the year, the country's auto industry said Tuesday. Some 449,400 new vehicles were registered in Germany in January and February, according to industry group VDA. VDA chief Matthias Wissmann said the figures were a further sign the German economy is picking up this year. "If this continues, then we're out of the trough," Wissmann told journalists on the sidelines of the Geneva Auto Show.

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