Sale of new cars in Germany increased

Sales of new cars in Germany increased by 29.5 percent in July. Rate of increase of the indicator is slower compared to previous months, which is a sign that the boom caused by government bonuses to give old cars for scrap utihva already submitted BTA. In July were registered nearly 340 000 new cars. This is an increase for the sixth consecutive month, but the increase is less compared to the reported 40.5 percent in June, when they had registered about 427 000 new cars. Sales of mini and small cars, reported on an annual basis, increased by 144.1 percent and 67.5 percent in July. Sales of large cars fell by 29.1 percent over the same month of 2008. Earlier this year the government announced a bonus of 2500 euros each, which gave to scrap their old car and buy a new AP recalls.

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Finance