The coronavirus pandemic, which shattered supply chains and forced automotive manufacturers to close their plants for weeks, caused passenger car production in Germany to tank in the first five months of 2020.
Now sluggish demand and slow recovery in global markets is likely to puts tens of thousands of job in the sector at risk in Germany.
According to the German Automotive Industry Association, only 1.18 million cars were produced between January and May this year, a drop of 44%, or nearly a million vehicles from the same period in 2019.
The last time German car production numbers hit such a low was in 1976. Ferdinand Dudenhöffer, director of the Center for Automotive Research in Germany, says his “rather optimistic forecast” shows a decline in car production in Germany by 26% to 3.4 million for 2020.
Dudenhöffer, who also heads the Institute for Customer Insight at the University of St