According to the banking association, Germans will be buying fewer consumer goods due to the crisis. The good news is that they want to take out more loans for these purchases.
The market for trucks, buses and vans is defying the crisis. German manufacturers are compensating for the lack of sales in Western Europe in other regions. Who is benefiting?
In the first half of 2011, the specialized credit banks of the Bankenfachverband enjoyed an increase of 11.8 percent compared to the same period of the previous year.