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German car lobby VDIK expects 6% sales growth in German car market in 2023

Reuters

BERLIN (Reuters) - The VDIK car lobby for foreign brands in Germany said on Friday it expects sales in the German car market to grow by 6% next year to 2.75 million vehicles.

According to the association, new registrations in Germany are to fall by 1% to 2.6 million units this year. Sales of electric cars are forecast to increase by 9%, but it said growth momentum was slowing here.

(Reporting by Ilona Wissenbach, Writing by Rachel More, Editing by Miranda Murray)