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'VW Cuts EV Output At German Sites As Demand Craters; Spokesperson Says Pauses Production Of Two Car Models Due To Drop In Demand' - Bloomberg News

Author: Benzinga Newsdesk | September 26, 2023 11:55am

https://www.bloomberg.com/news/articles/2023-09-26/volkswagen-cuts-ev-production-at-german-sites-as-demand-craters

 

Volkswagen AG is curtailing the production of several electric vehicle models at two German plants due to a decline in European demand, a spokesperson said.

Production of Volkswagen's ID.3 and Cupra's Born electric models will be dialed back at the German carmaker's main EV plant in Zwickau until Oct. 16, and assembly of the ID.3 will cease in Dresden for the first two weeks of October.

Posted In: VLKAF VWAGY


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