German car sales drop 40 percent in June

The president of the Association of International Motor Vehicle Manufacturers (VDIK) Reinhard Zirpel has warned that despite the lack of any restrictions in June, German car sales were 40 percent lower this year than they were last year. In all, just 220,000 automobiles were registered. It's a cold shower for the country's car industry, which had already suffered through a 50 percent drop in sales in May, but expected a quick turnaround. Zirpel says the data proves that it's not so much the actual restrictions which are hurting the situation as it is the economy uncertainty. He's predicting that just 2.8 million cars will be sold in 2020, a 20 percent drop from 2019, which would be the worst result since 1989. Germany is Europe's largest market or cars and the fourth biggest worldwide after China, the USA and Japan.