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The three largest automotive markets – Western Europe, the USA and China – all expanded significantly in March. In Western Europe new registrations of passenger cars rose by 9.5 per cent, while in the USA sales of light vehicle increased by nearly 6 per cent and the Chinese passenger car market grew by a good 12 per cent.
Today the European Parliament passed amendments to Directive 96/53 governing the dimensions and weights of commercial vehicles. Matthias Wissmann, President of the German Association of the Automotive Industry (VDA), commented: "The vote by the European Parliament is basically a step in the right direction.
In March 2014, new registrations of passenger cars in Germany rose by 5 per cent to 296,400 units, continuing the expected stabilisation. In the first quarter the figures increased by 6 per cent to 711,700 vehicles. Matthias Wissmann, President of the German Association of the Automotive Industry (VDA), stressed, "The welcome development on the German market consolidated in March.”
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