VDA

Greek exit from euro could bring stability, German auto lobby group says

July 1, 2015 09:54 CET

Germany's auto industry lobby group, the VDA, believes a Greek exit from the eurozone may be necessary despite the setback this may bring for Europe's fragile recovery in new-car sales. Automakers are monitoring the potential effects on capital markets and exchange rates if Greece leaves the European single currency – dubbed Grexit....
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German automakers fear possible UK exit from EU

May 29, 2015 10:42 CET

As the UK prepares to make a decision on its future within the EU, German companies are beginning to count the cost of a possible exit, with automakers such as BMW possibly having the most to lose....
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German car sales rise 6% in sign of Europe rebound

May 5, 2015 15:59 CET

German car sales rose 6.3 percent in April as Europe's No. 1 market joined France, Italy and Spain in reporting higher registrations. The VDA industry association forecasts that German registrations could reach 3.1 million this year....
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Germany joins France, Spain, Italy in posting sales gains

March 2, 2015 19:15 CET

New-car sales in Germany rose 6.6 percent in February and are heading for a modest increase this year compared with 2014 levels. Germany joined France, Italy and Spain in posting gains last month....
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Auto bosses say billions in savings at stake if EU-U.S. trade deal fails

Jan. 28, 2015 19:41 CET

The CEOs of Germany's top auto companies said Wednesday that they could save roughly 5 billion euros in annual costs if the European and U.S. governments can agree on a landmark free trade deal....
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Germany's Merkel backs incentives to reach EV goal

Dec. 2, 2014 12:45 CET

Chancellor Angela Merkel says Germany will need to provide more incentives to meet a goal of having 1 million electric cars on the country's roads by 2020. About 7,600 EVs were sold in Germany last year....
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