Business news from Ukraine

Business news from Ukraine

VOLKSWAGEN STOPS WORK AT FACTORIES IN GERMANY BECAUSE OF LACK OF PARTS DELIVERIES FROM UKRAINE

8 March , 2022  

The Volkswagen auto concern has forced to suspend the production of cars at several factories in Germany due to the cessation of supplies of components from Ukraine after the start of Russian military aggression.
According to the Wall Street Journal, the automaker has created a working group whose task is to assess the risks and find ways to ensure the uninterrupted production of cars.
The largest Volkswagen plant in Wolfsburg is operating normally this week, however, according to the concern’s forecasts, car production will have to be reduced next week, and production will be completely stopped in another week.
Supply disruptions will also affect the work of the Hannover truck plant and enterprises that produce auto parts.
Earlier, Volkswagen had to suspend the work of enterprises in Dresden, as well as in Zwickau, where electric vehicles are produced, in particular, the ID.4 model exported to the United States.