German car giant Volkswagen is preparing to suspend production across Europe as the continent struggles to contain the coronavirus pandemic.
The German carmaking giant said Tuesday that production at its plants in Spain, Setubal in Portugal and Bratislava in Slovakia will be halted before the end of the week. Factories in Italy that make Lamborghini super cars and Ducati motorcycles will also be idled. The global coronavirus recession is beginningMost of the group's other German and European plants are preparing to suspend production, probably for two weeks, Volkswagen CEO Herbert Diess told reporters on Tuesday.
On Tuesday, Volkswagen said that most of its plants in China were back online, with only two still closed after the country imposed harsh restrictions on travel and business activity earlier this year to combat the initial outbreak of the virus.Yet the outlook for Volkswagen remains highly uncertain.
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