U.s. Market: german carmakers still on the upswing
"In the current year, the speed of the US market will be reduced somewhat, but north america remains on course for growth." While sales in europe have been stalling, the u.S. Market has been allowed to stay in the auind. The german association of the automotive industry (VDA) expects sales to grow from 14.4 million vehicles last year to more than 15 million this year – and that german brands will benefit more than average from this growth.
"In view of the model offensive that our member companies are showing in detroit, there is every reason to believe that we will continue to grow for the eighth year in a row," said wissmann. "It's the german manufacturers who are leading the way here in detroit in terms of premium and efficiency."