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Is Germany's car market starting to lose ground to Chinese brands?
Mar 11, 2024
In 2023, Germany's auto market showed moderate recovery with sales increasing by 7.4% to 2.83 million vehicles, albeit below expectations due to economic challenges. Volkswagen led with a 7.9% increase, followed by Mercedes-Benz and Audi. Seat and Skoda saw the highest sales dynamics, while Ford and Fiat experienced declines. The Volkswagen Golf remained the top-selling model despite a sales drop.