| 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 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
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) INTERACT E-Mail to Business Week Online | |||||||
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