Volkswagen said on Wednesday it would further slash auto production at its main plant located in northern Germany because of a shortage of semiconductors that has hit the industry globally. …
Volkswagen production
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Volkswagen is gearing up for a major production disruption from a shortage of semiconductors. The world’s largest automaker will need to ensure their first-quarter manufacturing plans around the world because …
- Volkswagen
Volkswagen burning through $2.2 billion a week as coronavirus stops production
by SpeedLuxby SpeedLuxVolkswagen may have to cut jobs if the coronavirus pandemic is not brought under control as the German automaker is still spending about 2 billion euros ($2.2 billion) a week, CEO Herbert Diess informed German …
- Volkswagen
Volkswagen to reach the production of their electric car target earlier
by SpeedLuxby SpeedLuxVolkswagen stated on Friday that it would reach a major target in the production of electric autos earlier than previously expected. The automaker will have produced one million electric automobiles …
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Volkswagen is going to start deliveries of its new Golf hatchback in December after shaving an hour off the time needed to construct its flagship model, the board member responsible …
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Volkswagen has a subsidiary now in Turkey’s western Manisa province, the country’s Trade Registry Gazette revealed on Wednesday, as the company gets close to a final decision on the location …
- Volkswagen
Anti-pollution rules can hit profits and sales, says Volkswagen CEO
by SpeedLuxby SpeedLuxVolkswagen Group’s CEO Herbert Diess cautioned that new anti-pollution tests possess a risk to the automaker’s profit targets. Volkswagen has cautioned that production of up to 250,000 cars is going …
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Volkswagen‘s brand Skoda stated it might outsource some production to a contract manufacturer as the division seeks to reply to increasing demand. Currently grappling with stretched capacity at its Czech …
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Volkswagen expects productivity at its core autos brand to keep expanding in the months before because of cost cuts and full availability of higher-margin models launched in 2017. “We have …
- SkodaVolkswagen
Volkswagen says no strategies at present to shift Skoda production
by SpeedLuxby SpeedLuxVolkswagen stated on Friday there were no strategies at present to change where Czech subsidiary Skoda makes its automobiles, as it looks allay the fears of unions and politicians in …
