Germany's concerns about automotive industry continue to grow | DW News

Germany's concerns about automotive industry continue to grow | DW News

Concern is growing in Germany over the country's automotive industry, one of the key sectors of the German economy. The VW group -- Europe's biggest carmaker -- has reported a third-quarter loss of more than a billion euros. Volkswagen's numbers come just a day after rival Mercedes announced a sharp drop in profits. The VW group also includes its premium brand Porsche. Porsche's profits have plunged by 95% so far this year. For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram:   / dwnews   ►TikTok:   / dwnews   ►Facebook:   / deutschewellenews   ►Twitter:   / dwnews   Für Videos in deutscher Sprache besuchen Sie:    / dwdeutsch   Subscribe: https://www.youtube.com/user/deutsche... #germany #vw #automotive