VW to shut factories in Mexico



MEXICO CITY -- Volkswagen will briefly shut its factories in Mexico's Puebla and Guanajuato states amid rising worries over the unfold of the coronavirus.

Almost all mild automobile manufacturing in North America is being idled for at the very least a number of days amid the disaster and its related affect on automobile gross sales. The shutdowns additionally might be cascading all through the North American provide chain within the coming weeks. 

VW's Mexican unit mentioned Friday the upcoming shutdowns will take impact on March 30 and lengthen by way of April 12.

The automaker additionally pointed to slowing demand and the danger of shortages of elements as components within the choice to droop manufacturing within the factories.

Audi mentioned on March 15 that its Q5 crossover plant in Mexico would droop manufacturing because of a scarcity of elements brought on by the worldwide coronavirus outbreak. The automaker plans to renew output on April 1.

BMW mentioned on Friday that it could lengthen an already-scheduled Easter stoppage at its manufacturing facility in San Luis Potosi state....



Supply Autonews.com



Source marketwatch.com