The German car industry has supply-chain problems

The German car industry has significantly lowered its estimates of production growth this year, indicating that recovery from the coronavirus pandemic will be difficult due to supply chain disruptions, Reuters reports.
The German Automobile Manufacturers Association (VDA) on Monday downgraded its estimate of production growth from 13% to only 3%, saying production in recent months was "significantly below expectations".
VDA anticipates that 3.6 million cars will be manufactured in Germany this year, 400,000 fewer units than previously forecast, according to updated mid-year estimates. 
The German car industry, which brings together brands such as Volkswagen, Daimler and BMW, accounts for 5% of economic production and provides more than 800,000 jobs. 

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