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Germany In June 2012: Bucking The European Downtrend

by Bertel Schmitt
(IC: employee)
July 4th, 2012 12:38 PM
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Germany’s new car market recovered slightly in June. Sales were up 2.9 percent to units, Germany’s Kraftfahrtbundesamt reports.

With Mercedes up 5.7 percent, Audi up 8.1 percent and Porsche up 23.2 percent, Germans said good-bye to austerity, at least for June. Opel (-9,3 percent), Chevrolet (- 7.4 percent), and Ford (-4,5 percent) lost.
Published July 4th, 2012 12:38 PM
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For the 6 months to end of June (more meaningful than one months data) I see Chevy is up 5.6% whilst Honda is way down by 17.0% and was actually outsold by Chevy - the indignaty of it. Maybe that doesn't fit in with the desired narrative as demonstrated by picking out certain data and companies to show losses.