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Financial News

Wednesday December 3, 04:20 PM

 

 

Matthias Wissmann

By Martin Oeser

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VDA president Matthias Wissmann gives a speech during the federation's annual press conference in Frankfurt/M. Worse-than-expected US job losses, more cuts in Italy and Spain, plunging German auto sales and a VDA president Matthias Wissmann gives a speech during the federation's annual press conference in Frankfurt/M. Worse-than-expected US job losses, more cuts in Italy and Spain, plunging German auto sales and a "horrible" eurozone services report pointed to a deep and painful recession ahead.


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