Demand for new cars drops in Germany due to increase in coronavirus

Berlin

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. Germany recently reported its highest case numbers since April, and is beginning to tighten restrictions on movement once again. Chancellor Angela Merkel last week said […]

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

Volkswagen brand logo

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

meilenwerk berlin

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

Volkswagen logo

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 […]