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Germany

VDIK expects 2.75 million new car registrations in Germany in 2023

On December 30, the Association of International Manufacturers (VDIK) announced that it expects around 2.75 million new registrations for 2023 in the German passenger car market, up by 6% compared to 2022. With the end of the subsidy, a drop of 12% to 290,000 units is expected for plug-in hybrids.  The VDIK expects 5....

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