According to a study released recently by the University of Duisburg, the authoritative research institute of the German automotive market, a total of 66.2 million new cars will be sold worldwide in 2011, an increase of 6.3% over this year. The increase was mainly attributed to the improvement of the world economy and the weak euro. The profitability of German car manufacturers will exceed this year.
The countries with the fastest growth in automobile sales in 2011 will be Russia, the United States, India, China and Germany, of which Germany's growth rate is 10.2%. In 2011, 36% of global new car sales will come from Asia, and Europe will account for 21%.
The countries with the fastest growth in automobile sales in 2011 will be Russia, the United States, India, China and Germany, of which Germany's growth rate is 10.2%. In 2011, 36% of global new car sales will come from Asia, and Europe will account for 21%.
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