German govt plans to support domestic automotive industry
According to the meeting between the German government and some of the German leading automobile manufacturers, most of the automobile manufacturers were facing a huge decline in their sales of the whole world due to the expansion of the COVID-19.
The virus situation has not only affected the global economy but also influenced strongly on the automotive industry.
Based on that, the German government has now considered helping the domestic automobile manufacturers to remain their operation capability, and the new support plan would be launched in the near future.
Among them, those automobile manufacturers included Volkswagen AG, Daimler AG, BMW AG, etc.
