On Air Now

Current Show

Dave Sanders   12:00 AM - 5:00 AM

Enjoy Good Times and Great Oldies with Dave Sanders!

Show Info »

Upcoming Shows

Program Schedule »

Tune in to Listen

95.7 FM Sioux Falls, SD

Weather

Current Conditions(Sioux Falls,SD 57104)

More Weather »
61° Feels Like: 61°
Wind: ESE 10 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

AM Clouds/PM Sun 68°

Tonight

Thunderstorms 54°

Tomorrow

Scattered Thunderstorms 71°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

German car market continues decline in February

Employees of Volkswagen work in a VW Golf VII car production line at the plant of German carmaker Volkswagen in Wolfsburg, February 25, 2013
Employees of Volkswagen work in a VW Golf VII car production line at the plant of German carmaker Volkswagen in Wolfsburg, February 25, 2013

MUNICH (Reuters) - Europe's biggest car market Germany continued its decline in February, German import car brand association VDIK said on Monday.

New registrations in February were down more than 10 percent at about 200,000 vehicles, VDIK said. February's figure brings the total over the first two months of the year to 392,000 vehicles, down 9.8 percent year on year.

The euro zone debt crisis has hit car makers hard as consumers worried about their jobs and government austerity measures rein in their spending.

Among continental Europe's leading auto markets, Germany posted the smallest fall last year, selling 3.1 million vehicles for a 2.9 percent decline.

(Reporting by Irene Preisinger; Editing by David Goodman)

Comments