BUSINESSWEEK ONLINE : JUNE 26, 2000 ISSUE
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INTERNATIONAL -- EUROPEAN BUSINESS

Germany's Skidding Auto Market


THE PROBLEM
Although Germany's economy is expanding, CAR SALES ARE DOWN 12% in the first four months of this year

THE CULPRIT
SURGING GASOLINE PRICES, UP 30% in 12 months to a record $3.85 per gallon in June, because of higher taxes and rising oil prices

THE FALLOUT
A major slump in Germany's auto industry could undercut growth and lead to a POLITICAL BACKLASH


DATA: BUSINESSWEEK


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RELATED ITEMS
German Carmakers: Great Wheels, No Traction (int'l edition)

TABLE: Germany's Skidding Auto Market

The High End Heats Up (int'l edition)



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