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04-29-2020, 06:04 AM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Volkswagen (https://www.autoblog.com/volkswagen)
https://o.aolcdn.com/images/dims3/GLOB/crop/4000x2250+0+0/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-04/74abf0a0-8302-11ea-bdcd-243f175aff7a 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 dividenContinue reading VW urges Germany to help boost car demand as coronavirus drags down profit (https://www.autoblog.com/2020/04/29/vw-q2-2020-profit-outlook/)
VW urges Germany to help boost car demand as coronavirus drags down profit (https://www.autoblog.com/2020/04/29/vw-q2-2020-profit-outlook/) originally appeared on Autoblog (https://www.autoblog.com) on Wed, 29 Apr 2020 08:10:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/04/29/vw-q2-2020-profit-outlook/) | Email this (https://www.autoblog.com/forward/2228399/) | Comments (https://www.autoblog.com/2020/04/29/vw-q2-2020-profit-outlook/#comments)
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https://o.aolcdn.com/images/dims3/GLOB/crop/4000x2250+0+0/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-04/74abf0a0-8302-11ea-bdcd-243f175aff7a 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 dividenContinue reading VW urges Germany to help boost car demand as coronavirus drags down profit (https://www.autoblog.com/2020/04/29/vw-q2-2020-profit-outlook/)
VW urges Germany to help boost car demand as coronavirus drags down profit (https://www.autoblog.com/2020/04/29/vw-q2-2020-profit-outlook/) originally appeared on Autoblog (https://www.autoblog.com) on Wed, 29 Apr 2020 08:10:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/04/29/vw-q2-2020-profit-outlook/) | Email this (https://www.autoblog.com/forward/2228399/) | Comments (https://www.autoblog.com/2020/04/29/vw-q2-2020-profit-outlook/#comments)
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