At a time like this when the world looks like it’s gradually coming to an end, many automakers are already shutting down their factories amidst the deadly coronavirus outbreak. Volkswagen has just joined the league of those car manufacturers, by suspending its operations in Slovakia, Portugal, Spain, and Italy this week.
Volkswagen has decided to halt production at its factories across Europe to curb the spread of coronavirus
The giant automaker has shown its concerns over the cloud of uncertainty hovering around the coronavirus, making it close to impossible to predict any report on the performance of the company this year. A recommendation was also made by the company’s work council, which confirmed the shutting down of factories since it is impossible for staff to maintain a safe distance at the factories from one another.
According to Herbert Diess, who happens to be the Volkswagen’s Chief Executive:
“Given the present significant deterioration in the sales situation and the heightened uncertainty regarding parts supplies to our plants, production is to be suspended in the near future at factories operated by group brands,”
Volkswagen will stop production at its factories in Portugal, Slovakia and Spain. Production will also be halted at the Ducati and Lamborghini plants in Italy before this week runs out.
The giant German automaker is shutting down operations as a preventive move of curbing the coronavirus outbreak
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Diess also said:
“2020 will be a very difficult year. The corona pandemic presents us with unknown operational and financial challenges. At the same time, there are concerns about sustained economic impacts,”
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This latest move by Volkswagen is similar to the current state of Fiat, PSA, Ford, Ferrari and Chrysler, which have all suspended production at their European factories, in order to curb the pandemic caused by the deadly virus.
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