Fastener Shanghai
Official WeChat
fastenerfastenerBuyers' Guidefastener
fastenerStandard Searchfastener
fastenerFor Buyersfastener
fastenerFor Suppliersfastener
fastenerTrade Showsfastener
fastenerMy Officefastener
fastenerPost Inquiriesfastener
Home->Fastener News->German car production tumbles in second half of 20...You are the 683291 visitors
Views:679   |   recommendation:   |   Votes:0   |   Discuss:0
German car production tumbles in second half of 2018

German production of motor vehicles and their components in the second half of 2018 was 7.1 percent lower than in the first half, after calendar and seasonal adjustment, the Federal Statistical Office (Destatis) revealed on Tuesday.

Over the same period, the manufacturing industry in Germany as a whole saw production fall by 2 percent year on year, according to the German statistical office.

Excluding the steep decline in German car production, the overall decline in production in the manufacturing sector was just 0.9 percent.

The decline in Germany's other industrial sectors, such as iron and light metal foundries, was likely to have been indirectly influenced by stalling motor vehicle production, according to Destatis.

Growth in the German automotive industry in 2019 has so far been uneven. In January, the production of motor vehicles and related components after calendar and seasonal adjustments was 4.3 percent lower than in December 2018.

In February 2019, however, production in the German auto industry had risen by 1.9 percent when compared to the previous month.

The automotive industry is Germany's most important industrial sector, with around 880,000 people employed in the industry, according to recent figures from Destatis.

The German auto sector is also linked with other sectors such as the manufacture of rubber and plastic products, metal production as well as service sectors such as trade and transport.

These linkages mean that around 1.75 million people in Germany, 4 percent of the workforce, are directly or indirectly connected with the automotive sector.

Source: Xinhua

2019/4/15 15:48:00

Previous:    China's passenger car sales continue to shrink
        Next:    US floats tariffs on $11bn of EU products

Recent Related News
Japanese car sales in S.Korea post double-digit fall amid trade dispute--2019-08-15
China's passenger car sales down 5.3 pct in July--2019-08-12
British car industry investment shrinks amid falling exports, Brexit uncertainty--2019-08-01
Vietnam's auto import jumps 69 pct in 7 months--2019-08-01
Volkswagen and Mercedes-Benz in China Recall a Portion of Defected Cars for Use of Disqualified Rivets and Nuts--2019-07-25
China's motorcycle sales up 6.7 pct in June--2019-07-25
Vietnam's auto sales surge 21 pct in H1--2019-07-16
China's car sales rebound in June--2019-07-10
Vietnam's auto sales increase 22 pct in 5 months--2019-06-19
China leads global electric car market: expert--2019-06-18
Brazil's vehicle exports fall 52 pct in April--2019-05-08
S. Korea's auto production falls in March on weak demand at home, abroad--2019-04-23

Vote for this news?

fastener(Very Good)
fastener(Very Bad)

More Discuss...
Your Name: Anonymous

Enter the code shown:fastener3fastener

Fastener Trade Show Suzhou

China Fastener Directory
Get it FREE!
Get your CFD at the following shows:

•The Fastener Exhibition & Conference, Sep 11-12, 2019, Birmingham, UK

•International Fastener Expo, Sep 17-19, 2019, Las Vegas, USA

•wire & Tube Southeast Asia, Sep 18-20, 2019, Bangkok, Thailand

Show Room

Offer Product

Latest News
• Bossard buys aerospace distribution business

• Nedschroef appoints Dr Matthias Sckuhr as the new CEO

Buyers' Guide
Company News

• Dongtai Huawei to Exhibit at Vietnam International Exhibition on Hardware & Hand Tools 2018

• Based on R&D, Dongtai Huawei Offers Fasteners for Special Requirements

The Way to Enter Chinese Market
The Way to Enter Chinese Market