About: http://data.cimple.eu/news-article/6467ad70d592cea6641ebd7ef49dc7328ee1df625f9ab20ee3740a81     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

AttributesValues
rdf:type
schema:articleBody
  • Some 61 percent fewer new cars were registered on German roads in April 2020 than a year ago, official data showed Wednesday, as Europe's automobile powerhouse matched its neighbours' plunging sales for the industry. At 120,840, the sales figure from the KBA road transport authority was the lowest monthly reading since German reunification in 1990, as measures to slow the spread of the novel coronavirus took their toll. Germany's sales crunch was however not as bad as the April collapses of 97 percent in Britain and Italy and 89 percent in France. April was the first month to show "the full extent of the coronavirus' consequences for the car market," said Reinhard Zirpel, president of the Federation of International Car Manufacturers (VDIK). "Customer demand for new vehicles has almost completely collapsed in this period of huge uncertainty." As well as sales, car production plummeted by 97 percent in April, to just 10,900 vehicles, the VDA domestic carmakers' organisation said. Manufacturing was "hit harder than any time since the founding of the federal republic" in 1949, the VDA added. Over the year to April 30, Germany built just one million cars -- down 38 percent year-on-year. Ministers led by Chancellor Angela Merkel and car industry leaders reached no agreement Tuesday at a conference on stimulus measures for the vital sector, which employs around 800,000 people in Europe's largest economy. Bosses have called for a "cash-for-clunkers" scheme similar to one launched during the 2008-9 financial crisis. But some economists, politicians and environmental campaigners oppose the scheme, which they say could prove inefficient and slow carmakers' transition to more environmentally-friendly power sources. "I have big problems with a discount that supports the power systems of the past" like internal combustion engines, said Lars Klingbeil, general secretary of Merkel's junior coalition partners the Social Democrats. Instead of immediate action, a "working group" will now sketch out possible forms of state support and report by next month. tgb/dlc/rl
schema:headline
  • German car sales plunge in April as virus hits key industry
schema:mentions
schema:author
schema:datePublished
http://data.cimple...sPoliticalLeaning
http://data.cimple...logy#hasSentiment
http://data.cimple...readability_score
http://data.cimple...tology#hasEmotion
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software