After weathering a dry period for the past few years, automobile makers saw an increase in sales of 1.4 million cars in September alone, particularly in the troubled economies of Southern Europe. Can VW sustain the momentum?
Strong vehicle sales in the world's most important car market have been essential in enabling German carmakers to end their third quarters on a positive note. Their dependence on China is expected to increase further.
German exports recorded a surprise fall in October for the second straight month while imports grew, narrowing the massive trade surplus of Europe’s biggest economy. But the decline is unlikely to silence critics.
Car sales in the European Union enjoyed their strongest October in eight years, with new car sales up by almost six percent. But poor performance in Britain and Ireland is holding the bloc back.
Europe's largest economy keeps powering ahead amid higher growth on the continent and elsewhere, creating more and more jobs and driving the unemployment rate down to its lowest level since German unification in 1990.
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