Volkswagen’s biggest plant in Wolfsburg, Germany, is struggling to meet strong demand for the Golf model due to shortages of battery cells for hybrid versions and semiconductor components, the company’s labor leader told a German newspaper.
Jaguar Land Rover expects to reduce its global salaried workforce by about 2,000 people in the next financial year as the U.K. automaker cuts costs under new CEO Thierry Bollore.
Restrictions at Germany’s border with the Czech Republic risk severing automotive supply lines and could spark a wave of production stoppages, according to Germany’s VDA automaker association.
While Daimler’s blockbuster plan to split up its car and truck divisions thrilled investors this week, the Mercedes-Benz maker also prepared for the reaction of workers concerned about job security.
Škoda Auto, the automaker from Mladá Boleslav, has faced a shortage of chips as part of its bulk equipment in its cars. This could lead to interruptions or cuts to production of some models, said Martina Gillichová, a spokeswoman for Škoda Auto, last week.
Volkswagen said it would further cut car production at its Wolfsburg plant in northern Germany due to a shortage of semiconductors that has hit the industry worldwide.
Nissan plans to further reduce its presence in Europe, including outsourcing sales of its cars to alliance partner Renault, according to a Japanese newspaper.
Volkswagen Group returned to profitability in the third quarter, helped by a surge in demand in China, despite an overall drop in global vehicle deliveries during the COVID-19 pandemic.
Skoda plans to shift production of some high-earning models to other VW Group plants outside the Czech Republic, the automaker’s trade union boss said on Thursday.
Mitsubishi Motors Chairman Osamu Masuko retires, citing health reasons, after leading the automakers through more than a decade.
Volkswagen Group is not done reshuffling its management, CEO Herbert Diess told a German newspaper in an interview.
The coronavirus pandemic in Europe has temporarily shut down production in many factories of European and overseas automakers. Only a few of them did not close their operations: Tatra Trucks is one of them.
Volkswagen Group has agreed to pay 9 million euros ($9.9 million) in a deal with a German court to end legal proceedings against its chairman and CEO, who were accused of holding back market-moving information on rigged emissions tests.
TPCA, a joint venture of Toyota and PSA Group, has extended the shutdown of its plant in Kolin, Czech Republic, until at least May 25.
Benzina plans to continue the investment in expanding and developing its Slovak network also this year. The leader of the Czech market ended last year with ten filling stations in Slovakia, and it plans to double their number this year.
Ford confirmed today that it intends to restart initial production at most of its main continental European vehicle and engine plants from May 4.
PSA Group warned of sharp fall in demand for autos this year due to the coronavirus crisis after posting a 15.6 percent drop in first-quarter revenue.
The SEAT Leon line at the Martorell plant starts to produce automated ventilators to collaborate with the healthcare system in the midst of the COVID-19 crisis. Going from producing cars to ventilators in record time is the result of the intense work of many SEAT employees. The project is still in development phase and the ventilators are waiting the final homologation.
Volkswagen Group will extend stops to production in Germany as it deals with fallout from the coronavirus outbreak. VW said that it was responding to weakening demand and supply chain disruptions.
Rolls-Royce Motor Cars announced today that production at the company’s Goodwood-based manufacturing plant will be suspended from Monday 23 March for two weeks.
