Cars
Europe's largest automaker, Volkswagen, could close it biggest plant located in Wolfsburg, Germany, for a period of more than three weeks due to sluggish car sales. A company official who declined to be identified, told Bloomberg News that the factory which builds the next generation of VW's best-selling Golf model, will close between Dec. 18 and Jan. 11 while there's also a strong possibility that the carmaker may also shutdown parts of the plant as early as Dec. 5. The Wolfsburg plant employs 44,000 people or around one quarter of its 175,000-strong German workforce.
Via: Bloomberg
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Cars
VW Planning to Shut Down Largest Plant for More than Three-Weeks
Europe's largest automaker, Volkswagen, could close it biggest plant located in Wolfsburg, Germany, for a period of more than three weeks due to sluggish car sales. A company official who declined to be identified, told Bloomberg News that the factory which builds the next generation of VW's best-selling Golf model, will close between Dec. 18 and Jan. 11 while there's also a strong possibility that the carmaker may also shutdown parts of the plant as early as Dec. 5. The Wolfsburg plant employs 44,000 people or around one quarter of its 175,000-strong German workforce.Via: Bloomberg
- Vw Builds 30 Millionth Golf In Wolfsburg, 2,000 Golfs Sold Each Day Since 1974
This week, VW’s plant in Wolfsburg, Germany, built the 30 millionth Golf, about 39 years after production of the original Golf began in early 1974. Volkswagen’s most successful European car ever, the Golf has been sold in over 2,000 units...
- Vw To Partially Idle Mexican Plant From End Of June Until Early August
The global slowdown in car sales is forcing Volkswagen to shut down parts of its Puebla assembly plant in Mexico beginning from next week and until early August. Union spokesman Arturo Monter was quoted by Reuters as saying that the temporary idling of...
- Audi To Lay Off Temporary Workers In Hungary
German premium automaker Audi is the latest firm to announce job cuts due to the market slowdown. The company announced on Tuesday that it will terminate the contracts of 40 of its 200-strong temporary workforce at its plant in Gyor, Hungary, in November....
- Vw Trims Touareg, Porsche Cayenne And Audi Q7 Suv Production As Demand Falls
The deteriorating business environment caused by the financial crisis is forcing car makers on both sides of the pond to proceed to more cuts in production of models that aren't selling as they used to. Volkswagen will reduce its output of the VW...
- Volkswagen Group Starts Vehicle Assembly In Russia
Volkswagen, Europe’s largest carmaker, inaugurated its new Russian plant yesterday (Nov. 28, 2007). The first models to leave the assembly line were the Volkswagen Passat and Skoda Octavia. The new plant which is located in Kaluga, 160 kilometers...