German Carmakers Cut 2015 China Sales Outlook on Turmoil: Focus
2015-08-30 09:56:49.795 GMT
By Nicholas Comfort
(Bloomberg) -- VDA German auto industry association expects
FY China car sales to rise max. 4% to 19.1m vs 6% increase
anticipated at beginning of year, Focus cites association
president Matthias Wissmann as saying in interview.
* Germany FY car sales to rise ~4% to 3.1m vs earlier 2%
expectation
* Western Europe FY car sales to rise 6% to 12.8m vs 2%
earlier 2% forecast
* U.S. car and light truck sales to rise ~3% to 10-yr high of
16.9m units, exceeding 2% earlier forecast
* NOTE: VW ordered to sell back Suzuki stake valued at $3.8b
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To contact the reporter on this story:
Nicholas Comfort in Frankfurt at +49-69-92041-213 or
ncomfort1@bloomberg.net
To contact the editors responsible for this story:
Elisa Martinuzzi at +39-02-8064-4218 or
emartinuzzi@bloomberg.net
Shaji Mathew, Dylan Griffiths
2015-08-30 09:56:49.795 GMT
By Nicholas Comfort
(Bloomberg) -- VDA German auto industry association expects
FY China car sales to rise max. 4% to 19.1m vs 6% increase
anticipated at beginning of year, Focus cites association
president Matthias Wissmann as saying in interview.
* Germany FY car sales to rise ~4% to 3.1m vs earlier 2%
expectation
* Western Europe FY car sales to rise 6% to 12.8m vs 2%
earlier 2% forecast
* U.S. car and light truck sales to rise ~3% to 10-yr high of
16.9m units, exceeding 2% earlier forecast
* NOTE: VW ordered to sell back Suzuki stake valued at $3.8b
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Nicholas Comfort in Frankfurt at +49-69-92041-213 or
ncomfort1@bloomberg.net
To contact the editors responsible for this story:
Elisa Martinuzzi at +39-02-8064-4218 or
emartinuzzi@bloomberg.net
Shaji Mathew, Dylan Griffiths