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U.S.-China trade conflict hurting German car sector: VDA


FRANKFURT/BERLIN (Reuters) - A trade spat between the United States and China is leaving its mark on Germany's automotive sector with the number of new vehicles in the Chinese market expected to fall this year, the VDA industry association said on Wednesday.China is the most important and historically the fastest growing market for Germany's carmakers but Chinese tariffs on German cars built in the United States have taken their toll."China is currently taking a breather", said VDA president Bernhard Mattes in Berlin, adding the export of German cars from factories in the United States to ...

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First Published: Wed, December 05 2018. 17:00 IST