Ann: March 2020 Quarterly Report, page-97

"VW sees multi-speed coronavirus rebound led by China"

“Should the current trend continue, we at Volkswagen Group China can be cautiously optimistic and forecast a yearly result that is not far away from our original plan,” he added, referring to targets set before the pandemic hit demand.Outside China, factories and showrooms are only gradually re-opening, resulting in an uneven recovery in demand, Stackmann said.“We will see a two-speed Europe. Southern Europe was hit really badly. Italy, Spain and to some extent France. We expect recovery to take much longer, it will be bathtub shaped,” he said.Northern European countries, including Norway, Sweden, Denmark and Germany fared better. In Germany, sales to fleet customers remained almost at normal levels in April compared with a year earlier, he said.

"Pre-booking for VW’s ID 3 electric car stands at 37,000 vehicles, with demand coming from across Europe and strongest in Germany, Stackmann said."

https://www.reuters.com/article/us-health-coronavirus-volkswagen-outlook/vw-sees-multi-speed-coronavirus-rebound-led-by-china-idUSKBN22I0YG