Coronavirus puts pressure on German carmakers in China | Business| Economy and finance news from a German perspective | DW | 17.02.2020
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Business

Coronavirus puts pressure on German carmakers in China

China has long been the top market for the world's carmakers - but now the coronavirus outbreak is making its presence felt on balance sheets. The likes of Volkswagen and Daimler make between 30 and 40 percent of their global sales in China alone. That makes German carmakers and their suppliers among the most exposed in Europe to the outbreak.

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