Coronavirus prompts VW to stop production throughout Europe

Filed under: Earnings/Financials,Plants/Manufacturing,Audi,Bentley,Bugatti,Lamborghini,Porsche,Volkswagen,SEAT,Skoda

Volkswagen Group, the world's biggest carmaker, is suspending production at factories across Europe as the coronavirus pandemic hits sales and disrupts supply chains, the company said on Tuesday. The German carmaker, which owns the Audi, Bentley, Bugatti, Ducati, Lamborghini, Porsche, Seat and Skoda brands, also said that uncertainty about the fallout from coronavirus meant it was impossible to give forecasts for its performance this year. "Given the present significant deterioration in the sa

Continue reading Coronavirus prompts VW to stop production throughout Europe

Coronavirus prompts VW to stop production throughout Europe originally appeared on Autoblog on Tue, 17 Mar 2020 08:32:00 EDT. Please see our terms for use of feeds.

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