German automotive association out with their latest report
- scandal has damaged trust in the company, the entire sector and diesel technology
- German car registrations expected to increase slightly in 2016 to 3.2mln if no deterioration in conditions
- exports of German cars expected to rise 2% in 2015 to 4.4mln
- passenger car registrations up 9% in Nov to 272k
Affected by Volkswagen but the industry still sees growth
Euro going nowhere fast but finding demand in the dips still