{"id":19815,"date":"2020-06-02T12:52:27","date_gmt":"2020-06-02T11:52:27","guid":{"rendered":"https:\/\/www.gipa.eu\/germanys-car-repairers-well-coronavirus-crisis\/"},"modified":"2020-06-02T12:58:15","modified_gmt":"2020-06-02T11:58:15","slug":"germanys-car-repairers-well-coronavirus-crisis","status":"publish","type":"te_announcements","link":"https:\/\/www.gipa.eu\/de\/announcement\/germanys-car-repairers-well-coronavirus-crisis\/","title":{"rendered":"Why are Germany\u00b4s car repairers doing so well during the Coronavirus crisis?"},"content":{"rendered":"

Par rapport \u00e0 d’autres march\u00e9s europ\u00e9ens, l’Allemagne se porte relativement bien sur le march\u00e9 secondaire de l’automobile pendant la crise des coronavirus. <\/span>Alors que nous constatons une baisse spectaculaire de l’activit\u00e9 des ateliers de pr\u00e8s de 100% dans d’autres pays, les ateliers allemands ont limit\u00e9 leurs pertes d’activit\u00e9 \u00e0 40%.<\/span><\/span><\/p>\n

Donc, si vous voulez mieux comprendre la situation en Allemagne et la raison de celle-ci, continuez \u00e0 lire.<\/span><\/span><\/p>\n

Pour plus d’informations, <\/span><\/span>veuillez cliquer ici pour contacter GiPA<\/span><\/span><\/a><\/p>\n

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La situation en Allemagne<\/span><\/span><\/h2>\n

Since March 23rd, an ordered shutdown and social contact restrictions have been in effect in Germany, which has impacted society and most economic activity. Almost one month later, on Apr 20th<\/sup>, Germany has started to ease step-by-step the restrictions as data shows a significant slowdown on new Covid-19 infections. Businesses in all sectors are going to recover.<\/p>\n

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But why so fast?<\/h2>\n

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1. Dealing with the Covid-19 spread<\/h3>\n

Coronavirus was identified early as a potential threat to the population and economy. Early developments in Italy, Austria and Spain demonstrated the rapid spread and danger of the virus. The German Government \u2013 learning from the experience of other European countries – quickly implemented firm measures to respond to the Covid-19 outbreak.<\/p>\n

The German population was well informed and supported all the measures taken by the Government. They have followed the new rules and accepted the new way of living during the crisis, which was mainly to stay at home and to avoid any social contact outside the household.<\/p>\n

Furthermore, the capacity for infection tests has been rapidly ramped up in order to reduce the risk of exponential spread of the virus as much as possible. Health service authorities have additional capacities to be able to track infection chains better and faster. And in just two weeks, the capacity of intensive care beds in hospitals have been increased to 45,000, more than 3\/4 of them with ventilators.<\/p>\n

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2. Massive support for the economy<\/h3>\n

The German Government very quickly formulated a stimulus package that acted as a protection umbrella for the entire economy. The total amount of this stimulus package is more than \u20ac 819 bn and credit schemes are even unlimited. The package consists mainly of 4 pillars:<\/p>\n

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  1. A reduced hours compensation scheme to avoid lay-offs (up to 87% for 12 months)<\/li>\n
  2. A tax moratorium to avoid a shortage of cash liquidity in companies<\/li>\n
  3. Financial first aid package (no need for payback) and enhanced credit schemes<\/li>\n
  4. Financial support on a European level<\/li>\n<\/ol>\n

    And why are car repairers doing so relatively well?<\/h2>\n

    \"\"<\/a><\/p>\n

    First of all, it has to said that garages and workshops are considered to be key businesses in Germany. Whilst most other businesses had been instructed by the Government to close from March 23rd, workshops could stay open for any kind of services.<\/p>\n

    GiPA with its COVID-19 barometer measured the situation on a workshop level on a bi-weekly level. Every two weeks, the same 350 workshops were asked about their business activity:<\/p>\n