Coronavirus: VW extends production halt as demand sinks and supply chains falter

Volkswagen , the world's biggest carmaker, said on Thursday that it will extend stops to production in Germany as it deals with fallout from the coronavirus outbreak.

File photo (REUTERS)
File photo

The German carmaker, which owns the Audi, Bentley, Bugatti, Ducati, Lamborghini, Porsche, Seat and Skoda brands, said that it was responding to weakening demand and supply chain disruptions.

Also Read : In fight against Covid-19, Volkswagen to donate medical supplies worth 329 cr

The extension of four days until April 9 involves all its German plants for Volkswagen passenger cars, commercial vehicles and components.

Volkswagen has been taking measures to secure liquidity, its supply chains, and to continue with strategic projects such as the launch of the company's ID.3 electric car and the supply of battery cells.

Also Read : Coronavirus impact: Volkswagen expects car market to recover in summer

The carmaker said that it had applied for a government program to reduce the working hours of 80,000 employees.

First Published Date: 27 Mar 2020, 13:07 PM IST
NEXT ARTICLE BEGINS
Shopping Bag Shop Now
70% OFF
VENO Portable High Power 2 in 1 Car Vacuum Cleaner | USB Rechargeable Wireless Handheld Car Vacuum Cleaner Traveling, Camping Reusable and Sustainable (2 in 1 Vacuum Cleaner)
Rs. 899 Rs. 2,999
Godrej aer O – Hanging Car Air Freshener | Car Accessories | Cool Aqua (7.5g)
Rs. 99
SHAYONAM Dent Removal Kit - Powerful Car Dent Repair Kit - Suction Cup Dent Puller Handle Lifter and Dent Repair Puller for Car Body Dent, Glass, Tiles and Mirror (Plastic)
Rs. 349
Godrej aer O – Hanging Car Air Freshener | Car Accessories | Musk After Smoke (7.5g)
Rs. 99

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.