Brexit 'SAPPING demand for German cars with number of exports PLUMMETING' | WHAT REALLY HAPPENED


Brexit 'SAPPING demand for German cars with number of exports PLUMMETING'

Matthias Wissmann of the German Federation of the Automobile Industry, said: "Brexit and the related lower demand in Britain caused by exchange rates has contributed to a 2.0-per cent fall in car exports, to 4.3 million vehicles.”

The UK is is the biggest export market by unit sales and the second-biggest in cash value.

German carmakers have around 20 per cent of global car market share this year with 16.4 million vehicles sold and produced around half of all new cars registered in Europe.

German carmakers have around 20 percent of global car market share this year with 16.4 million vehicles sold and produced around half of all new cars registered in Europe.

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