German car trade falls sharply due to lack of chips, delivery bottlenecks

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BERLIN — Germany’s passenger car exports in the third quarter (Q3) of this year declined 17.2 percent year-on-year to 23.1 billion euros (26 billion U.S. dollars) due to lack of chips and other delivery bottlenecks, while electric cars recorded strong gains, according to the Federal Statistical Office (Destatis). The country’s car imports between July and […]

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