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Börse Express – Volkswagen presents delivery figures in corona crisis

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After withdrawing the forecast for the year
The Volkswagen Group publishes the corona pandemic
on Friday (11:00 a.m.) its delivery figures for
the first quarter. The world’s largest automaker had over on Thursday
significant losses due to the crisis informed and none
Annual forecast more confident.

According to the preliminary figures from the first quarter, sales went down
from 60 billion euros in the previous year to 55 billion euros
back. The operating result dropped to around 900 million euros
from. A year ago it was still 3.9 billion euros.

The VW Group currently also wants the in Europe and North America
Production with better protective measures for the employees again
gradually ramp up. The plants in Zwickau,
Wolfsburg, Emden and Hanover start again. VW is doing this
on the fact that the conditions normalize just as quickly
could be like in China, where the pandemic broke out

 ISIN  DE0007664039

AXC0055 2020-04-17 / 05: 49

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