The World's Biggest Carmaker Is Shutting Down In Europe - Autos

The World's Biggest Carmaker Is Shutting Down In Europe - Autos - Nairaland

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The World's Biggest Carmaker Is Shutting Down In Europe by greatstephenho(op): 7:38pm On Mar 17, 2020

Volkswagen is preparing to suspend production across Europe as the continent struggles to contain the coronavirus pandemic.

The German carmaking giant said Tuesday that production at its plants in Spain, Setubal in Portugal and Bratislava in Slovakia will be halted before the end of the week. Factories in Italy that make Lamborghini super cars and Ducati motorcycles will also be idled.

The company said factories producing Volkswagen branded cars would shut down starting late on Thursday. That includes the company's huge plant at Wolfsburg, one of the biggest manufacturing sites in the world.

Volkswagen, which also owns brands including Skoda, Audi, Porsche and Bugatti, delivered 10.8 million vehicles to customers in 2019, more than any other carmaker. Roughly 44% of the group's 668,000 employees live in Germany, where the company is a leading force in the country's huge manufacturing sector.

It's the latest automaker in Europe to close plants as a result of the coronavirus. Fiat Chrysler (FCAU), Peugeot owner PSA Group (PUGOY) and Renault (RNLSY) on Monday announced the closure of 35 manufacturing facilities in total across Europe as regional and national authorities imposed severe restrictions on travel and public life. Together, the three companies sold roughly 12 million cars last year.

Re: The World's Biggest Carmaker Is Shutting Down In Europe by cRobo: 7:48pm On Mar 17, 2020

Geez my Golf 4 is in trouble

I won't say a word

Re: The World's Biggest Carmaker Is Shutting Down In Europe by Nobody: 7:48pm On Mar 17, 2020

Wow!

Employees across the globe should prepare for mass sack as the economy wobbles in the coming days. I spoke with our south American partner today. He said they were asked to be working from home but here in Nigeria, our government lets loose our borders still allowing foreigners into the country.