Filed under: Earnings/Financials,Volkswagen
Volkswagen urged the German government on Wednesday to help boost demand for cars as the coronavirus pandemic triggered a plunge in first-quarter operating profit and the world's biggest automaker warned of a difficult second quarter. "We need a swift decision on buyer incentives," Chief Financial Officer Frank Witter said, ahead of a meeting between politicians and lobbyists in Berlin to decide on a potential stimulus plan to revive demand. Volkswagen also warned a planned dividen
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VW urges Germany to help boost car demand as coronavirus drags down profit originally appeared on Autoblog on Wed, 29 Apr 2020 08:10:00 EDT. Please see our terms for use of feeds.
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