New Car Buyers Prefer Volkswagen | Business| Economy and finance news from a German perspective | DW | 15.08.2003
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New Car Buyers Prefer Volkswagen

More than 288,000 new cars were registered in Germany last month, two percent more than at the same time last year, the Kraftfahrt-Bundesamt (KBA) announced in Flensburg today. The German auto-manufacturer Volkwagen (with Audi, Seat and Skoda among its subsidiaries) was the greatest beneficiary of the increased German appetite for new cars. Of the new cars registered, 91,000 (31,6 percent) were Volkswagens, up 9,4 percent from last year. DaimlerChrysler was less popular in the domestic market, down 9,1 percent. And the six largest Japanese manufacturers also experienced a loss, with the number of new cars bearing their insignia down 8,4 percent. Across the board, diesel cars continued their rise in popularity, now accounting for more than 39 percent of new car registrations.