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New passenger car registrations in Germany declined more than 30% in January to around 170,000 vehicles, an industry source informed Reuters on Wednesday. Car dealerships have been hit following the
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Ford Motor which operates two auto plants in Germany, has applied for 500 million euros ($586.79 million) of German loan guarantees aimed at seeking protection against the impact of the
Registrations dropped 20 percent compared with August 2019, a huge drop compared to July, when registrations dropped only 5.4 percent year-on-year, data published by the Federal Motor Transport Authority showed.
Volkswagen and Daimler on Wednesday prompted the German government to help increase demand for cars as the coronavirus pandemic damaged first-quarter profits and forced both automakers to drop their forecasts
Volkswagen AG is creating making masks in China for distribution to Volkswagen plant workers in Europe, the German automaker stated on Thursday as it plans to resume European production. Volkswagen
German automakers such as Volkswagen and Mercedes-Benz will restart production at some German plants next week after the country eased restrictions designed to stop the spread of the coronavirus. Chancellor
Germany’s automotive lobby group and the nation’s largest union called on Chancellor Angela Merkel to permit auto sales in the country to restart as soon as possible. High inventory that can’t be
German automaker BMW will start producing face masks to help safeguard its own staff and the public against the spread of the coronavirus pandemic, Chief Executive Oliver Zipse said. Zipse
Volkswagen’s Traton commercial truck unit has seen cancellations of orders because of the coronavirus outbreak but these are manageable, its chief informed a German magazine in an article published on
The Volkswagen Passenger Cars brand, Volkswagen Commercial Vehicles and Volkswagen Group Components are increasing the suspension of production at their German plants for additional five working days especially as a
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