GERMANY: VW trims output through Easter factory shutdown
Reuters reports that Volkswagen has announced its second production halt in less than six months, saying it will idle European plants over the Easter holiday to meet overcapacity and slowing demand. The report says that the move will cut output cut by some 15,000 vehicles and adds that the five-day production halt follows a week-long stoppage last autumn which VW launched to prevent a build up of inventory amid fears over the outlook for car sales following September 11.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable