Last year, across the whole German commercial vehicle industry, sales dropped to half their previous level.
Some firms, trailer makers and bodybuilders, lost 80% of their sales. Despite that the industry retained 95% of its permanent staff, “leaving it well prepared for the upturn,” said Matthias Wissmann, president of the Verbund der Deutsche Automobile Industrie (Association of the German auto industry).
He was speaking at the VDA’s excellent commercial vehicle industry “curtain raiser” press conference, ahead of its huge IAA truck show in Hannover this autumn.
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