VW supervisory board chief: Second lockdown must be prevented

The automaker is afraid of another lockdown. Hans Dieter Pötsch worries about a possible exacerbation of the infection rate.

Volkswagen supervisory board chairman Hans Dieter Pötsch has appealed to those responsible in politics and business to absolutely prevent a second corona lockdown. In view of the already considerable damage from the first wave of pandemics and the increasing number of infections, “all efforts should now be geared towards this,” said the chief inspector of the Wolfsburg-based car company on Tuesday at an event organized by the German Chamber of Commerce in Austria. Pötsch is President of the Chamber.

The question arises as to whether the aid programs that have been decided so far are sufficient to make it economically sound over the next few months, “said Pötsch. Currently, the overall situation remains “more than worrying”. The VW chief inspector named the “unstable to weak” demand, the underutilization of industrial production and a possible worsening of the infection rate in autumn and winter as central points. “In this situation, I expect politicians to be prepared for a further deterioration in the economic framework.”

The current economic measures would also have to be checked for their effectiveness and, if necessary, readjusted: “Everything must be done to make the economy as a whole and the auto industry in particular robust.” Another “auto summit” will be held next week with representatives from politics and industry planned.

Author: Nabeel K
Email: nabeel@wheelsjoint.com


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