July 3, 2020 / 9:31 AM / a month ago

Germany's VDA sees domestic car production falling 25% in 2020

BERLIN, July 3 (Reuters) - Germany’s auto industry association VDA on Friday said it expected domestic car production to drop by 25% to 3.5 million cars this year, warning that a recovery in the second half of 2020 would be slow.

The way out of the crisis will be “long and rocky”, VDA President Hildegard Mueller told journalists at a news conference. (Reporting by Riham Alkousaa; Editing by Maria Sheahan)

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