BERLIN (Reuters) – German car sales are lagging the recovery in the global passenger car market, with 2024 sales expected to be 25% below pre-pandemic levels, data from German auto association VDA showed on Tuesday.
The VDA expects the global passenger car market to grow by 2% this year to 77.4 million cars, close to the pre-pandemic level of 78.8 million.
Germany’s passenger car market is expected to shrink by 1% to 2.82 million, still a quarter smaller than before the pandemic,…
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