Fastener Shanghai
fastener
Official WeChat
fastener
fastenerHomefastener
fastener
fastenerNewsfastener
fastener
fastenerfastenerBuyers' Guidefastener
fastener
fastenerStandard Searchfastener
fastener
fastenerFor Buyersfastener
fastener
fastenerFor Suppliersfastener
fastener
fastenerMagazinefastener
fastener
fastenerTrade Showsfastener
fastener
fastenerMy Officefastener
fastener
fastenerPost Inquiriesfastener
Home->Fastener News->German car production tumbles in second half of 20...You are the 642241 visitors
Views:606   |   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
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
China's passenger car sales continue to shrink--2019-04-15
Brazil's vehicle production drops 0.6 pct in first quarter--2019-04-10
German car production tumbles in second half of 2018--2019-04-10
China will continue to suspend extra tariffs on US vehicles, auto parts--2019-04-01
Japanese Automotive Fastener and Parts Maker Piolax Moves Production Due to BREXIT Woes--2019-03-28
Italian experts boost Zhejiang manufacturing--2019-03-23

Vote for this news?

fastener(Very Good)
fastener(Good)
fastener(Normal)
fastener(Bad)
fastener(Very Bad)


Discuss
More Discuss...
Your Name: Anonymous

Enter the code shown:fastener0fastener

Fastener Trade Show Suzhou



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

•Vietnam Manufacturing Expo, Aug 14-16, 2019, Hanoi, Vietnam

•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
• China to become the largest OLED televisions market

• Vietnam's auto sales surge 21 pct in H1

Buyers' Guide
Company News

• Developments and Future Plans for Shanghai Minmetals – Fasteners

• Haining R-Best: Focus on Quality, Be the Best Rivet Nut Supplier

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


fastener