Volkswagen Brand Extends Production Suspension
27 März 2020 - 8:08AM
Dow Jones News
By Cristina Roca
Volkswagen AG's namesake brand will suspend production for four
days longer than originally planned as demand for cars continues to
fall and supply chains remain challenged by the coronavirus
pandemic.
The German auto maker said late Thursday that production for its
Volkswagen car and van marques, as well for its Volkswagen Group
Components business, will now remain suspended until April 9.
"An application for an extension of short-time working for a
total of 80,000 employees of Volkswagen AG has been submitted," the
company said.
The company said it is preparing to restart production, and that
it is working on a comprehensive package of measures to protect
employees' health when it does.
Almost all of Volkswagen's plants in China have resumed
production, and the market there seems to be gradually returning to
normal, the company said.
Write to Cristina Roca at cristina.roca@dowjones.com;
@_cristinaroca
(END) Dow Jones Newswires
March 27, 2020 02:53 ET (06:53 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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