Due to Corona-crisis: the car industry, a quarter is expected in 2020 to less sales

The German Association of the automotive industry (VDA) is expecting this year, with a decline in car sales in Europe by about a quarter compared to the year 20

Due to Corona-crisis: the car industry, a quarter is expected in 2020 to less sales

The German Association of the automotive industry (VDA) is expecting this year, with a decline in car sales in Europe by about a quarter compared to the year 2019. "The international markets have slumped to such an extent, for we have no comparisons," said VDA President Hildegard Müller on Friday in Berlin. In Germany alone, the Association for the full year to 2.8 million new registrations for passenger Cars, representing a decrease of approximately 23 percent compared to the previous year. In the first half of the year, the number of new car registrations had plummeted in this country, accordingly, 35 per cent to 1.21 million units.

In the coming months will recover the demand for Cars, probably more easily, said Müller. This includes the temporary reduction in VAT is likely to be. The recovery will not be sufficient to stop the decline in employment, especially in the case of the suppliers. Europe had to have an "ambitious industrial package" to help the shattered past of the industry on the legs.

Mueller, the willingness of the companies affirmed to climate protection, but warned against "excess competition" in the regulation of CO2: "We expect that the effects of the Corona-crisis be taken into account." Europe must prove that Economy and Ecology would together thought, emphasized the VDA-Boss. How high is the decline in employment is not excessive at the end, depends also on how long the bridge of the short-time work think.

Date Of Update: 03 July 2020, 09:19

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