Tag: German car maker

Volkswagen to shut its European plants for at least two weeks

German car maker Volkswagen has said it will temporarily shut down most of its European plants in light following the corona virus pandemic. Speaking to reporters on Tuesday, Chief Executive Herbert Diess said the company would shut down production at factories operated by the group’s brands “in the near future,” with most European plants set to suspend work for at least two weeks. Production at Volkswagen plants in Spain, Slovakia and Italy would all be halted before the end of the week, Diess added. The decision to shut the plants come shortly after the world’s largest carmaker by sales, warned ... Read more