BERLIN, June 12 (Xinhua) German car manufacturers saw a 1.7 percent decline in revenues in the first quarter (Q1) of the year, while their profits plummeted by a quarter during the same period, according to consulting firm Ernst and Young (EY) on Wednesday.
German carmakers see profits slump by a quarter in Q1: EY shanghaisun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghaisun.com Daily Mail and Mail on Sunday newspapers.
Sales of electric cars continue to weaken. Last month, just under 29,700 passenger cars with pure battery drive were newly registered, according to the Federal Motor Transport Authority on Monday..