The weak sales of German car manufacturers had an impact on the industry’s sales in the first half of the year. As the Federal Statistical Office in Wiesbaden announced, sales in Germany’s most important industrial sector fell by 4.7 percent to 269.5 billion euros compared to the same period last year in nominal terms, i.e. not adjusted for price effects. In the same period last year, car manufacturers such as BMW, Volkswagen and Daimler posted record sales of 282.6 billion euros in nominal terms, partly due to increased prices.
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