Volkswagen Has A Hopeful Post-Coronavirus Prediction
The coronavirus knows no borders but countries are still dealing with the pandemic on a national level. The economic hardships are already being greatly felt and the auto industry is quite concerned. Factories have been idled and employees are out of work. Supplier networks are also affected in the same ways. But Volkswagen has a more upbeat assessment of the situation and believes some level of normalcy will return this summer.
Reuters reports that Juergen Stackmann, management board member for VW passenger cars, has confidence both production and sales will recover in the coming months. However, his assessment is for Germany, not the rest of Europe or North America. Again, individual countries are handling COVID-19 a bit differently. “We assume that Germany will return to normal in the summer,” he said.
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