Tagesschau: Adjustment of production capacities in Europe

Even before the Corona crisis, there was considerable overcapacity in Europe. The production capacity of around 1.5 million vehicles is no longer needed there in the long term. We expect 5-6 major auto plants to close in Europe in the next few years. The Corona crisis is acting as a catalyst here. Cf. commentary in Tagesschau or HB: https://lnkd.in/exVMKpU