Stocker. No savings bank customer can ignore Deka funds

Mr. Stocker, did Deka’s fund and certificate sales come to a standstill after the good first half of 2020 in view of the uncertainty caused by Corona, as with some competitors?

No, just the opposite. We sold another 10 billion euros in July and August, so that we now have net sales of 25 billion euros at the end of August. We are now as good as seldom in the past few years. Thanks to the good advice from the savings banks, two of the 10 billion are attributable to the private customer business, which means that we have increased net sales in the private customer business to 9 billion euros this year. That is very gratifying. Business with institutional clients such as insurance companies and pension funds was even better. Here we were also able to sell 8 billion euros in securities by winning a large mandate in July and August alone.

In the past, Sparkasse customers often bought shares at the wrong moment, namely when euphoria among investors had already pushed prices way up. If, on the other hand, there is great uncertainty, Sparkasse customers often sell close to the bottom. What is different in this corona crisis?

Information helps against uncertainty, and we have provided this in a variety of ways: via numerous telephone conferences to the Sparkasse advisors so that they can speak to their customers. And also provided institutional customers directly with information – about Corona, but also about our view of why interest rates will remain low for a very long time. This has contributed to the fact that only a few Sparkasse customers have sold their equity funds, in fact, quite a few even bought in the spring. And the nice thing is that it has paid off for these level-headed Sparkasse customers to persevere. The courses have risen significantly again.

Why are you confident that Sparkasse customers will hold out even in a longer crisis phase?

A good indication of this is provided by savings plans, because with them someone decides to save permanently through securities funds. Sparkasse customers signed 356,000 new savings plans with us in the first six months of 2020, and at the end of August we had 500,000 new savings plans, so that the portfolio has grown to 5.6 million Deka-Fonds savings plans.

Deka’s tills are ringing because 80 percent of their income comes from the securities business. However, certificates are becoming more popular and Deka only earns one money with them: when they sell. With funds, however, it also collects annual management fees. Is that why Deka is trying to sell Sparkasse customers more funds than certificates?

As the securities house of the savings banks, we want and have to offer the full range of investments: equity, real estate and pension funds, certificates and asset management now even with individual stocks. In doing so, we are guided by customer requirements. We also see no cannibalization between funds and certificates. In fact, many Sparkasse customers have both, to match their investment strategy. Of the 9 billion euros in securities sales in private customer business in 2020, certificates accounted for 3 billion euros.

How did Sparkasse customers get the promotional information from Deka in the first place – after all, many people in Corona times are reluctant to leave the house and then not necessarily go to a Sparkasse branch?

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Corona aid for students should be reactivated

Dhe Federal Ministry of Education wants to reissue the emergency aid for students, which expired at the end of September, for the period of the partial lockdown in November. A spokeswoman announced on Friday in Berlin. The ministry intends to reinstate the bridging aid for the month. The instrument has proven itself.

According to the spokeswoman, talks are currently in progress with the German Student Union, which was responsible for processing applications and paying out emergency aid between June and September. Among other things, unions had called for the financial support to be reinstated, as the upcoming closings in the catering and event industries are likely to cause many student jobs to disappear again.

During the Corona crisis, the Ministry of Education had two offers of help for students in need: On the one hand, the bridging aid, which does not have to be repaid. It was paid out from June to September to those who could prove with bank statements that they were in a pandemic-related emergency, for example because regular payments from jobs were not made. 100 to a maximum of 500 euros per month were paid. The second pillar is the KfW student loan, which was also available before the crisis, but which has now been interest-free from May to March 2021.

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Airbus: What’s behind the surprising numbers – Hamburger Abendblatt

  1. Airbus: What is behind the surprising numbersHamburger Abendblatt
  2. Airbus in the red – BASF before a possible dividend cutFinanzNachrichten.de
  3. How Airbus wants to fly out of the crisisSTERN.de
  4. Quarterly figures: Aircraft manufacturer Airbus gets corona crisis under controlExchange online
  5. Airbus shares in the red: Airbus writes higher loss than expected in the third quarterfinanzen.net
  6. See “More on Topic” in Google News

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US economy grows 7.4 percent in the third quarter

Dhe American economy made good ground again in the summer quarter after the corona-related slump in the spring. The gross domestic product (GDP) rose from July to September for the year at a record rate by 33.1 percent, as the Department of Commerce in Washington announced on Thursday, just a few days before the American presidential elections. Experts had only expected an increase of 31.0 percent, after a decrease of 31.4 percent in the spring. Converted to the usual approach in Europe, this would correspond to an increase of around 7.4 percent compared to the previous quarter. However, compared to the third quarter of 2019, economic output fell by 2.9 percent.

Consumption proved to be the engine of the upswing in the summer: it increased by 40.7 percent annualized after a minus of 33.2 percent in the spring due to contact restrictions and rising unemployment. Exports and investments also rose sharply in the summer.

A few days before the presidential election, however, there are no signs of a radical recovery on the labor market. A total of 751,000 Americans filed an initial application for state unemployment benefits last week, fewer than the week before, according to the Labor Department in Washington on Thursday. Economists surveyed by Reuters news agency had expected a total of 775,000.

Despite the decline, the number of applications for government support remains very high by American standards: in the more meaningful four-week average it was 788,000. In the course of the corona pandemic, more than 22 million jobs were lost, of which only a good half have been created so far.

Even if there were signs of an economic improvement in the summer, fears of another setback for the economy are spreading again in view of the corona infection. This also recently affected Wall Street. America’s President Donald Trump is running for re-election on Tuesday. He recently lagged behind his Democratic competitor Joe Biden in polls.

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Real estate: bargain hunters are left behind

An the stock markets, the corona crisis sometimes leads to sharp ups and downs in prices. Because the impact of the pandemic on companies and the global economy as a whole is immense. In the real estate market, on the other hand, at least the prices for residential property have not yet moved significantly. Sharp price declines, as some initially feared, have not yet materialized. This is proven by various analyzes. According to the latest statements, the Bundesbank does not expect any abrupt price correction either.

Many interested parties in this country have now given up hope of bargains in the Corona crisis. At least this is the result of a survey by the pollster Yougov on behalf of the brokerage company Homeday among around 3260 people. Accordingly, a majority of those surveyed are of the opinion that the prices for residential property in this country would not be negatively influenced by Corona: a third assume that prices will continue to rise, and 27 percent expect that the pandemic will have no impact. Less than a third, on the other hand, expect lower prices as a result of the Corona crisis. In May, almost half of those surveyed did this, it is said.

The real estate market in Germany has so far defied the Corona crisis, said Steffen Wicker, founder and CEO of Homeday. Hopes for bargains have now largely been dashed. The results of the survey also matched experiences from customer meetings. The worries about a real estate crisis have subsided. According to the Federal Statistical Office, houses and apartments continued to rise in price in the first half of this year.

Size as an important criterion

Nevertheless, the corona crisis is affecting the real estate market. More than a third of those surveyed who are planning to buy a property have changed the search criteria for their dream property. The criterion “larger property” is now favored. Home office and “lockdown” have meant that plans are now being made one size larger, says Wicker. In May, when worries about an uncertain economic future still prevailed, price was still the most frequently changed criterion in property searches. Around a fifth of those surveyed now even expect a sales process to be facilitated by Corona.

In times of lockdown, the subject of housing has been reassessed, says Sebastian Mosch, building finance specialist at the financial services provider Dr. Small. Families in particular are looking for their own four walls with more space inside and outside and would find that in a city like Dresden in the bacon belt. Movement out of the city can also be observed in other areas. In an analysis by Dr. In the third quarter, for example, in northern and eastern Germany, house prices have recently risen more significantly than apartment prices.

Corona could also have triggered a digitization surge in the real estate market. About half of the respondents from Yougov ruled out buying a property without a personal appointment. But 44 percent said they wanted to buy a property without having to visit the site. Wicker expects that the corona-related boost in digitization when buying real estate will be irreversible and will ensure more competition and efficiency as well as better services in the market in the medium term. Many brokers have adjusted to this and now not only offer comprehensive digital viewing options. Nevertheless, the personal impression should remain decisive for the very own feeling of living. Since buying a property is probably the biggest purchase of their life for most people, the choice should be carefully considered.

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Aston Martin has no time to die and is saved by Mercedes

Ka time to die? For the James Bond film with this title, the corona crisis was the absolute show stopper. There is no standstill for Aston Martin. The British car manufacturer, which has been supplying 007 with company cars since the 1960s, is to continue to live. It may have a different effect on the stock market, because the price of Aston Martin Lagonda Global Holdings plc (AML) has dropped from £ 19 (1900 pence) to just 31 pence this May since going public two years ago.

Susanne Preuss

The aura of the legendary sports car brand is still big enough that investors of all kinds keep the manufacturer alive – with money and also with technology. The rescue for the British should come from Stuttgart in the future. Mercedes gives Aston Martin access to promising technologies. There is talk of engines and drive trains, of software and electrical architecture. As soon as the news, which was reported in a partial edition of the FAZ on Tuesday, was public, the price of Aston Martin shares rose by 30 percent.

Both manufacturers are old friends. A cooperation has existed since 2013 and Tobias Moers only took over the management of Aston Martin in early summer – the manager who, as long-time AMG boss, was able to transform almost every Mercedes model into a streamlined sports car. As a result, the AMG sub-brand has become an important profit maker for the Stuttgart-based manufacturer and is now a cornerstone of the future strategy of Daimler CEO Ola Källenius, who was once AMG boss himself.

The first agreements have already been made

With the delivery of parts and technology to the 007 brand, Mercedes is expanding its own sales base, as Daimler writes to explain the deal. Payment is made in shares, neither in pounds nor in euros. The cooperation was already backed by shares, although the original 5 percent that Daimler had given seven years ago has shrunk to 2.6 percent due to the IPO and is hardly worth any more on the stock exchange.

Within three years, Mercedes-Benz AG is to take over up to 20 percent of Aston Martin by issuing new shares. In a statement, Daimler puts the value of the entire package at 286 million pounds, i.e. the equivalent of 315 million euros. For a first tranche, with which Mercedes would get a share package of 11.8 percent, specific agreements and prices for components and systems have already been made. For Daimler shareholders, the effects of this cooperation are not yet positive, at least at first glance. On a stock market day that was already black because of the latest corona lockdown plans, the Daimler share lost massively in value.

Currently miles away from reality

For Aston-Martin things are different. Lawrence Stroll spoke of a turning point when he saw a “world-class luxury car maker” and a profitable future for the British partner. The Canadian billionaire and Formula 1 magnate led a rescue operation for Aston Martin months ago with a consortium of investors and regards the agreement with Mercedes as a decisive opportunity to realize its own growth plans.

In the 2024/2025 financial year, Aston Martin plans to generate around £ 2 billion in sales of around 10,000 cars and generate an operating profit (Ebitda) of £ 500 million. Currently, these plans are miles away from reality. Last year Aston Martin posted a pre-tax loss of more than £ 100 million on sales of £ 1 billion. In the third quarter of 2020, about which Aston Martin reported at the same time as the Mercedes cooperation, the operating result (Ebitda) was even negative at £ 29 million with sales of £ 124 million.

When the German racing driver Sebastian Vettel competes in Formula 1 for the Aston Martin team (previously called Racing Point) next year, it will only have something to do with the British automaker: The racing team only has the same investors as Lawrence Stroll on top.

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Aston Martin has no time to die and is saved by Mercedes

Ka time to die? For the James Bond film with this title, the corona crisis was the absolute show stopper. There is no standstill for Aston Martin. The British car manufacturer, which has been supplying 007 with company cars since the 1960s, is to continue to live. It may have a different effect on the stock market, because the price of Aston Martin Lagonda Global Holdings plc (AML) has dropped from £ 19 (1900 pence) to just 31 pence this May since going public two years ago.

Susanne Preuss

The aura of the legendary sports car brand is still big enough that investors of all kinds keep the manufacturer alive – with money and also with technology. The rescue for the British should come from Stuttgart in the future. Mercedes gives Aston Martin access to promising technologies. There is talk of engines and drive trains, of software and electrical architecture. As soon as the news, which was reported in a partial edition of the FAZ on Tuesday, was public, the price of Aston Martin shares rose by 30 percent.

Both manufacturers are old friends. A cooperation has existed since 2013 and Tobias Moers only took over the management of Aston Martin in early summer – the manager who, as long-time AMG boss, was able to transform almost every Mercedes model into a streamlined sports car. As a result, the AMG sub-brand has become an important profit maker for the Stuttgart-based manufacturer and is now a cornerstone of the future strategy of Daimler CEO Ola Källenius, who was once AMG boss himself.

The first agreements have already been made

With the delivery of parts and technology to the 007 brand, Mercedes is expanding its own sales base, as Daimler writes to explain the deal. Payment is made in shares, neither in pounds nor in euros. The cooperation was already backed by shares, although the original 5 percent that Daimler had given seven years ago has shrunk to 2.6 percent due to the IPO and is hardly worth any more on the stock exchange.

Within three years, Mercedes-Benz AG is to take over up to 20 percent of Aston Martin by issuing new shares. In a statement, Daimler puts the value of the entire package at 286 million pounds, i.e. the equivalent of 315 million euros. For a first tranche, with which Mercedes would get a share package of 11.8 percent, specific agreements and prices for components and systems have already been made. For Daimler shareholders, the effects of this cooperation are not yet positive, at least at first glance. On a stock market day that was already black because of the latest corona lockdown plans, the Daimler share lost massively in value.

Currently miles away from reality

For Aston-Martin things are different. Lawrence Stroll spoke of a turning point when he saw a “world-class luxury car maker” and a profitable future for the British partner. The Canadian billionaire and Formula 1 magnate led a rescue operation for Aston Martin months ago with a consortium of investors and regards the agreement with Mercedes as a decisive opportunity to realize its own growth plans.

In the 2024/2025 financial year, Aston Martin plans to generate around £ 2 billion in sales of around 10,000 cars and generate an operating profit (Ebitda) of £ 500 million. Currently, these plans are miles away from reality. Last year Aston Martin posted a pre-tax loss of more than £ 100 million on sales of £ 1 billion. In the third quarter of 2020, about which Aston Martin reported at the same time as the Mercedes cooperation, the operating result (Ebitda) was even negative at £ 29 million with sales of £ 124 million.

When the German racing driver Sebastian Vettel competes in Formula 1 for the Aston Martin team (previously called Racing Point) next year, it will only have something to do with the British automaker: The racing team only has the same investors as Lawrence Stroll on top.

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German stock market 4 percent in the red

Dhe worsening corona crisis with rapidly increasing numbers of infections and an impending “lockdown” in Germany push prices on the German stock market down sharply on Wednesday. The FAZ index, which has a broad market coverage of 100 values, recently lost 3.7 percent to 2052 points. The Dax standard value index fell by almost 4 percent to 11,568 points, slipping below the 12,000 mark for the first time since June.

Before the corona crisis summit by the federal and state governments in the course of the day, some radical measures were expected. “The fear of a second lockdown is wandering around on the Frankfurt trading floor,” said analyst Christian Henke from the brokerage firm IG.

In view of the rapidly increasing number of infections across Europe, the risks for the economic outlook are increasing, according to Commerzbank. This Wednesday, the federal and state governments are discussing how to contain the pandemic. A further tightening of the restrictions is emerging. Chancellor Angela Merkel wants to close restaurants for a month.

Only a handful of stocks showed price gains, above all the food delivery service Delivery Hero with a premium of 3.7 percent. After an unexpectedly high profit, the share of Deutsche Bank is hardly changed, initially its price had also fallen by more than 4 percent.

The Munich-based IT consultancy Cancom expects a lower operating result despite higher sales. So far, the company had expected a moderate increase. The course is down by 13 percent.


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To the detailed view

The share price of the group organizer CTS Eventim, which is likely to have been badly affected by new control measures, has fallen by 8 percent, as has that of the New Work career network.

The commercial kitchen supplier Rational achieved only three quarters of the previous year’s sales after nine months. The usual increase in sales in the fourth quarter is not expected in 2020. Budgets are often frozen, in addition to the uncertainty in the catering industry due to the corona crisis. A serious forecast is not possible. The rational rate falls by almost 4 percent.

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All new infections in the counties

Politicians want to prevent a nationwide shutdown and fight the corona virus locally. The focus is on a certain value: the so-called 7-day incidence. We show where the new infections are currently hrun up.

Important note: The figures shown here come from the Robert Koch Institute and do not represent the actual occurrence of infection. As new infections are sometimes reported to the RKI by the health authorities with a considerable delay, the number of cases and the resulting incidence value are usually rather than stated too low. The effect of the delay in reporting is different in the individual districts. In individual cases it may be that a region has long exceeded the limit values. Please also inform yourself about current measures on the official website of your city or district.

The coronavirus pandemic is picking up speed again. Regional corona hotspots are emerging across Germany. The number of newly reported infections has been increasing exponentially since the beginning of October.

The federal government and the Robert Koch Institute urge caution. The mask requirement is being expanded again, in Berlin, for example, it is now also applicable in offices, in Baden-Württemberg also in school lessons. Some cities like Cologne, Hamburg and Munich require that mouth and nose protection be worn on busy streets and squares, even outdoors. Some restaurants and bars have to close earlier.

You can find an overview of the current corona rules here.

Corona upper limit: From 35 new infections per 100,000 inhabitants, it becomes critical

Similar restrictions threaten wherever the new infections pile up. The decisive factor for countermeasures is the so-called 7-day incidence, i.e. the number of new infections reported per 100,000 inhabitants in the last seven days.

An accumulation of more than 35 cases applies according to an agreement between the federal and state governments as critical. From this value, contact restrictions and an extended mask requirement should come into force. If there is a value of 50 new infections per 100,000 inhabitants within a week, the state governments and municipalities must impose further measures.

Our interactive map shows which counties are breaking or scratching the upper limit.

Hover your mouse pointer over a county to see how many new infections there were over the past seven days per 100,000 inhabitants. The data come from the Robert Koch Institute and are updated daily. Please note: districts and district towns with the same name are shown separately. For example, to see the value for the city of Rosenheim in the Rosenheim district, you may have to zoom in on the map.

This is why the 7-day incidence is more meaningful than other values

The 7-day incidence was introduced to identify current hotspots in the coronavirus epidemic and to better assess possible risks for the population. In contrast to the Total number of laboratory confirmed cases the value rather reflects the current infection rate. Nevertheless, one must assume that not all cases will be recognized. In addition, there is a delay in reporting, which means that the number of cases reported is generally too low. Whether countermeasures are effective can only be read from the reporting data after about two weeks.

For the 7-day incidence, the number of new infections is related to the population. This is important because when looking at the absolute numbers, the hotspots in the big cities would stand out, but not in smaller communities with few inhabitants. By calculating 7-day intervals, statistical fluctuations due to weekends and holidays are at least partially absorbed.

The map below shows the total number of cases reported so far by district.

Why was the cap set at 50?

At the beginning of May, the Federal Government and Prime Minister agreed that the exemptions and restrictions that were enacted to contain the coronavirus pandemic will be gradually relaxed. The federal and state-wide bans should be replaced by regional measures to prevent outbreaks locally.

For this purpose, the upper limit of 50 new infections per 100,000 inhabitants per week was set. The threshold of 35 was added in October. With this, the federal and state governments reacted to the sometimes dramatic developments after the summer. More about it here.

The decision in favor of these limit values ​​is based on empirical values ​​and assessments from politics and less on scientific knowledge. One of the reasons for this is that the local authorities must be able to cope with the outbreak administratively. For example, sufficient staff must be available to track contacts. Health care must also be ensured – for example in the event that mass tests are necessary.

If everyone reduces their contacts, this can already relieve the health authorities considerably.

Where the cap has been put to the test

After a violent coronavirus outbreak in the Tönnies butcher shops in the Gütersloh district, the regulation was put to the test for the first time and a “regional lockdown” was imposed on June 23. This was overturned in court on July 6th. More about it here.

Customers with face masks in a supermarket: The mask requirement is one of the most effective anti-corona measures. (Source: imago images)

In mid-October there are more and more counties in which the situation is tense or which have already been declared risk areas. Often the cause of an outbreak can no longer be traced exactly, the health authorities speak of a “diffuse infection process”.

In the Berchtesgaden district in Bavaria, the first regional lockdown was imposed after the summer. What this means in detail and which rules now apply, find out here.

Experts had warned of a “second wave” in autumn and winter. Nevertheless, some were surprised by the dynamics of the infection process and the early timing. With falling temperatures, it is unlikely that it will be any easier to bring the infection process under control, as people are now more often indoors.

Regular ventilation can help reduce the risk of infection in enclosed spaces. Distance rules and hygiene regulations should also continue to be observed. In particular, wearing mouth and nose protection has repeatedly proven to be an effective measure to combat the pandemic.

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On the hunt for the virus: MAN’s mobile corona laboratory

Dennis Affelds’ company car is not as cool as the Cadillac Miller Meteor the Ghostbuster, but it is more important. In order to advance the helpers in the fight against Corona, the head of strategy at MAN had a mobile test laboratory developed, which is now on its maiden voyage.

The mobile corona laboratory is currently on its maiden voyage.

(Photo: MAN)

Dennis Affeld wears a shirt and jeans instead of an airtight spacesuit, and he doesn’t have a huge teat on his back either. And yet he could pass as a colleague of Peter Venkman, Raymond Stantz and Egon Spengler. Because just like the three parapsychologists at the Ghostbusters at the time, the head of strategy at MAN is on an important mission for general health. It is not for nothing that he has developed a mobile corona laboratory in the last six months, which is now making its maiden voyage and will soon be used dozens of times.

“Right now it is important that we get fast and reliable test results”, he learned in a dialogue with politics and partners from research, medicine and laboratory technology and complains about processes that are currently far too long: Until the test person goes to a doctor or a test center It takes two to four days for the samples to be sent to the laboratory, for the results to be evaluated and played back. Two to four days in which healthy people may be in quarantine for free. And even worse, in which infected people generate long chains of contacts and possibly infect numerous people.

The tables are turned

Corona_Test_TGE_035.jpg

It only takes 45 minutes until the test result is available.

(Photo: MAN)

In order to shorten this time dramatically, he wants to turn the tables: “The test person does not come to the laboratory, but the laboratory comes to the test persons.” And instead of just taking the swab on site, the samples are also analyzed on site and sent online to authorities, medical professionals or the client of the investigation. “Instead of four days, it takes less than 45 minutes to get in touch,” says Affeld, drawing attention to the TGE van that is as important to him as the legendary Cadillac Miller Meteor was once to the Ghostbuster.

The minibus, which looks like a normal ambulance on a cursory glance, contains everything the emergency services need to test on site, says the MAN manager proudly and outlines dozens of possible application scenarios: Not only hotspots in schools, hospitals or senior centers could be examined in this way and cooled down well. The mobile laboratory is also suitable for prevention: company events, trade fairs or congresses, concerts or sporting competitions can be secured if all participants go through the tests beforehand. The mobile laboratory is not only fast but also hard-working: 60 samples can be analyzed per run, Affeld calculates. And when the crew is well-rehearsed and doesn’t lose a lot of time driving, there are quickly 500 to 800 corona tests per day.

Three times as expensive as an ambulance

Corona_Test_TGE_085.jpg

Such a rolling laboratory is not cheap. It costs around 620,000 to 640,000 euros.

(Photo: MAN)

This is made possible by 16 so-called Vivalytic analysis devices that Bosch brought onto the market a few weeks ago. They work according to the so-called PCRT method, which has so far been considered the most reliable corona detection, and with a throughput time of 39 minutes are also the fastest on the market. However, each of these machines costs around 25,000 euros, says Affeld, explaining why the test mobile costs around 620,000 – 640,000 euros – a good three times as much as a fully equipped ambulance or twelve times as much as the bare TGE. And the one with 177 hp diesel, all-wheel drive and eight-speed automatic is already from the upper end of the model range.

These test devices are supplied with 220 volt electricity from the on-board network and cooled with fans, mounted in the rear of the TGE like a battery from a chewing gum machine, and are fed with special cartridges, each with five tubes with the cotton plug of the swab and the reagents stuck. Affeld explains what is known as pooling, which saves time dramatically, only when a batch is marked positive.

Some vehicles pre-produced

Corona_Test_TGE_129.jpg

The corona test device in the vehicle alone costs 25,000 euros.

(Photo: MAN)

In addition to the test devices, within six weeks, MAN builds a few work tables and cupboards, largely by hand, that only at first glance look like the kitchen in a sober mobile home. “The expansion was coordinated with the medical aid organization for epidemic protection and therefore meets completely different requirements,” explains Affeld: The surfaces are particularly easy to disinfect, the floor has no joints in which viruses could become lodged, and the sink, for example, works without contact . There are also germ-proof containers for the protective suits used, which are also attached to the outside of the vehicle.

Now Affeld is hoping that as many laboratories, medical service providers, auxiliary services or even large companies as possible buy the anti-virus van as quickly as possible, and with foresight has already had a few vehicles pre-produced. He is not only thinking about business, but also about society, which may still be able to avoid a general lockdown and, thanks to the local quick test, may soon be able to go to congresses or corporations again. The Corona-Mobil cannot stop the virus. But it can help contain it, take the burden off the authorities and get life back on track. Then MAN manager Affeld may soon be able to go to the cinema again. After all, a new Ghostbusters film is slated to open next spring.

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