Volkswagen boss Herbert Diess now finds new car purchase bonuses unnecessary, as he told the Financial Times : “Unless we are faced with a second lockdown or another economic downturn, I would argue that there is no need for a new purchase premium. There were quite a few incentives out there for electric cars and plug-in hybrids in Germany and across Europe, and it worked “.

In line with Daimler Diess had become noisy at the beginning of the pandemic used for state purchase awards. Daimler boss Ola Källenius has already spoken out against further purchase bonuses.

Most recently, the German auto industry was able to present decent sales figures again in the third quarter . At Daimler and BMW, thanks to strong growth in China, there was even an increase; Volkswagen was only slightly in the red compared to the previous year.

Focus on electric and hybrid vehicles in Germany In several European countries, governments and industry are promoting car sales with purchase premiums or tax breaks. In Germany, electric and hybrid vehicles are subsidized more, and VAT has been reduced for a limited period. The interim balance for the