German car production and export growth continued to slow in August

According to the German Automobile Industry Association (VDA) recently announced that in August 2010, the German car production was 338,500, an increase of 4% year-on-year, a decrease of 18.8% from the previous month, and the number of sedan exports was 252.55 million, an increase of 12% year-on-year, a decrease from the previous month. 20.5%.

In the first eight months of this year, Germany’s total sedan production was 3.5819 million, an increase of 17% year-on-year; sedan exports totaled 2.73224 million, an increase of 36% year-on-year.

The year-on-year growth rate of sedan production and exports in July was -4.3% and 8.0%, respectively, which has obviously slowed down. In August, German sedan sales reached 201,000, a year-on-year decrease of 27%, of which domestic production and foreign imports fell by 23% and 34% year-on-year, respectively; from January to August, German sedan sales totaled 1,907,200, a decrease of 29% year-on-year. %, Germany's domestic production, foreign imports of cars decreased by 23% and 39% respectively year-on-year.

In August, the year-on-year decline in sedan sales was roughly the same as in the previous months. Dexin car sales are still in a slump after the “replacement” incentive policy.