FRANKFURT, April 5 — German car sales plunged in March, official figures showed today, as the war in Ukraine disrupts supply chains and slows down production in Europe’s top economy.
Russia’s invasion of Ukraine has “repercussions for production in Germany”, the VDA auto industry association said, as the conflict curtails production at key Ukrainian car part suppliers. The VDA sharply lowered its car production estimate for 2022, saying it now expected just seven per cent growth domestically this year, down from 13 per cent previously.
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