Volkswagen, Daimler urge Germany to boost car demand as profits declines

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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 for the year. The demands came as German chancellor Angela Merkel plans to host a summit with auto industry leaders to talk about the ways […]

German automakers to restart production as lockdowns ease

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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 Angela Merkel on Wednesday stated that Germany has achieved a “fragile intermediate success” in its battle against the coronavirus and that its emergence from lockdown […]

Volkswagen imports medical equipment in Germany to fight coronavirus

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Volkswagen has said that it has imported medical equipment worth of 40 million euro ($44.67 million) to Germany on Saturday from China to help the health workers fight the spread of the coronavirus. The medical supplies consists of face masks, gloves, disinfectants, clinical thermometers, protective goggles and protective clothing. As the automaker states, the first consignment had […]