German car sales drop 30% in January - source
Reuters
Published Feb 03, 2021 04:56AM ET
HAMBURG (Reuters) - New passenger car registrations in Germany fell more than 30% in January to around 170,000 vehicles, an industry source told Reuters on Wednesday.
Car dealerships have been hit by a second lockdown amid the coronavirus pandemic in Germany, with non-essential stores closed since mid-December, and by tax breaks for consumers running out at the end of 2020.
New car registrations in December had been up by almost 10%.
Car authority KBA is due to publish official sales figures later on Wednesday.
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Written By: Reuters
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