• German auto sales up 12.1% in Feb

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    FRANKFURT: New car registrations in Germany, a key indicator of demand in Europe’s top economy, rose strongly in February, data showed on Wednesday.

    A total of 250,302 new cars were registered last month, an increase of 12.1 percent compared with the figure for the same month in 2015, according to data compiled by the federal road transport authority KBA.

    Car sales had already risen by three percent in January.

    In the breakdown of sales by different carmakers, new own-brand registrations of the country’s biggest carmaker Volkswagen increased by 4.3 percent in February.

    Volkswagen has admitted to installing emissions-cheating software in 11 million diesel engines worldwide, sparking a worldwide scandal.

    Nevertheless, VW brand cars are still the biggest selling models in Germany, accounting for 20.9 percent of the overall market, the data showed.

    New registrations of Skoda cars, one of the VW brands also involved by the scandal, increased by 9.1 percent last month, while sales of the group’s Spanish brand SEAT fell by 10.7 percent.

    Sales of the group’s luxury Audi brand advanced by 14.5 percent, KBA calculated.
    Volkswagen owns 12 different brands in total.

    AFP

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