Volkswagen Group will stop output in Nizhny Novgorod, Russia, where VW and Skoda cars were being assembled under contract with GAZ Group, a trade union said, citing the company’s message to the plant’s staff.
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.
Volkswagen is in talks with its main suppliers about possible claims for damages due to a shortage of semiconductors, a company spokesman said.
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.
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.
Volkswagen Group has begun regular production of ID.4 crossover, the second model in a planned family of electric vehicles that will be built and sold around the world.
Volkswagen Group is not done reshuffling its management, CEO Herbert Diess told a German newspaper in an interview.
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.
Volkswagen Group’s global vehicle sales fell 23 percent to 2 million in the first quarter. In March alone, sales were down 38 percent overall at 623,000 vehicles, reflecting the coronavirus crisis.
Volkswagen Group has extended the shutdown of its three plants in Slovakia until April 19 after closing them for two weeks on March 17 amid the coronavirus outbreak.
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.
Volkswagen expects the car market in Germany to recover in the summer after the automaker was forced to suspend output due to the coronavirus pandemic.
Volkswagen Group CEO Herbert Diess warned that the coronavirus crisis may force the company to keep its factories shut for longer than initially planned.
Volkswagen Group will suspend production this week at plants in Italy, Portugal, Slovakia and Spain and is preparing to shut down the rest of its factories across Europe due to the spread of coronavirus.
Volkswagen Group has postponed the resumption of production at its China joint ventures, in the latest sign of the coronavirus’s impact on economic activity.
German prosecutors on Tuesday filed charges against six Volkswagen managers for their role in the automaker’s emissions-cheating scandal.
Volkswagen Group is not considering other locations for a new multibrand plant besides Turkey, sources said. A decision to build the plant in Turkey is still on hold and will not be made until February, sources familiar with the matter told Automobilwoche.
Volkswagen Group, in another legal action stemming from its 2015 emissions-cheating scandal, was charged with importing nearly 128,000 vehicles into Canada contravening the country’s environmental legislation.
Volkswagen Group’s headquarters in Wolfsburg, Germany, was raided by public prosecutors on Tuesday in the latest investigation into the automaker’s diesel emissions scandal.
