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Grant from the German government should stimulate new car sales in 2009, providing a glimmer of hope for the industry to automotive bay.
The German automotive industry association VDA said the offer Berlin a right of recovery for new car buyers can increase car sales in 2009, as reported by m c.
In December 2008, VDA forecast that registrations of new cars in Germany would drop to about 2 9 million in 2009 to nearly 3 1 million in 2008, car dealers nationwide have used the grant 2.500 3.200 euros offered government market their vehicles According to VDA, the plan can serve as a bridge to a likely pick-up in the German automotive industry in the coming years.
The determining factor of the expected growth of German car sales are grants offered by the new government to consumers, encouraging them to buy new cars.
Thank you to low inflation that boosted consumer purchasing power and the stimulus package of the government, the German consumer confidence has increased dramatically for the sixth month In addition, the stimulus package has raised hopes of improvement of current economic conditions will further improve car sales in the country also subsidies to scrap old vehicles have proven to be beneficial to the industry about a job in five countries directly or indirectly depends on the auto industry.
S consumers that their vehicle Scrapping nine years to buy fuel-efficient vehicles will receive a bonus for registering new vehicles by the end of the year.
However, national markets across Europe show the dark image, with Latvia and Ireland observing more than 80 lower registrations of light commercial vehicles in January 2009.
According to a research analyst at RNCOS payment plan premium the government proved insufficient to save the German automotive industry therefore automakers have witnessed the worst sales year since World War II, however, the demand for new cars has increased significantly since the mid -January 2009 These are initial indications in stabilizing the German automotive industry if the task seems very difficult.
Government subsidy to promote sales of German cars, Government grant boost.