AIRLINK 74.60 Decreased By ▼ -0.56 (-0.75%)
BOP 5.43 Decreased By ▼ -0.02 (-0.37%)
CNERGY 4.34 Decreased By ▼ -0.05 (-1.14%)
DFML 28.81 Increased By ▲ 1.17 (4.23%)
DGKC 77.14 Increased By ▲ 5.14 (7.14%)
FCCL 21.50 Increased By ▲ 1.21 (5.96%)
FFBL 31.33 Increased By ▲ 0.28 (0.9%)
FFL 10.07 Increased By ▲ 0.10 (1%)
GGL 10.76 Increased By ▲ 0.49 (4.77%)
HBL 114.80 Decreased By ▼ -0.20 (-0.17%)
HUBC 130.60 Decreased By ▼ -0.85 (-0.65%)
HUMNL 6.81 Decreased By ▼ -0.06 (-0.87%)
KEL 4.10 Decreased By ▼ -0.10 (-2.38%)
KOSM 4.78 Increased By ▲ 0.01 (0.21%)
MLCF 39.78 Increased By ▲ 2.70 (7.28%)
OGDC 135.02 Decreased By ▼ -0.43 (-0.32%)
PAEL 23.70 Increased By ▲ 0.30 (1.28%)
PIAA 27.49 Increased By ▲ 0.18 (0.66%)
PIBTL 6.63 Increased By ▲ 0.03 (0.45%)
PPL 113.75 Increased By ▲ 0.59 (0.52%)
PRL 28.58 Decreased By ▼ -0.17 (-0.59%)
PTC 15.33 Decreased By ▼ -0.17 (-1.1%)
SEARL 57.77 Increased By ▲ 0.44 (0.77%)
SNGP 67.26 Increased By ▲ 0.27 (0.4%)
SSGC 11.25 Increased By ▲ 0.08 (0.72%)
TELE 9.21 Increased By ▲ 0.07 (0.77%)
TPLP 12.07 Increased By ▲ 0.02 (0.17%)
TRG 70.80 Increased By ▲ 0.41 (0.58%)
UNITY 23.75 Increased By ▲ 0.10 (0.42%)
WTL 1.35 Increased By ▲ 0.01 (0.75%)
BR100 7,477 Increased By 21.9 (0.29%)
BR30 24,390 Increased By 140.4 (0.58%)
KSE100 71,735 Increased By 301.4 (0.42%)
KSE30 23,645 Increased By 78.3 (0.33%)

imageBERLIN: Germany's auto market will shake off Volkswagen's diesel emissions scandal to grow 4 percent this year and will expand slightly further in 2016, the VDA industry association said on Tuesday.

New car registrations in Europe's biggest auto market are expected to increase this year to 3.17 million and to around 3.2 million in 2016 if market conditions do not deteriorate, VDA said.

Passenger car registrations rose 9 percent in November to 272,000 vehicles, the VDA said. Eleven-month registrations in Europe's largest auto market were up 5 percent at 2.96 million.

VDA Chief Matthias Wissmann told a news conference in Berlin that the Volkswagen scandal had damaged trust in the affected company, the entire sector and diesel technology.

However, he appealed against a "general suspicion" of the car industry and diesel technology in light of the scandal.

Copyright Reuters, 2015

Comments

Comments are closed.