Volkswagen Group CEO Herbert Diess  warned that the coronavirus disaster could power the corporate to maintain its factories shut for longer than initially deliberate.

“Most of our factories are closing for 2 weeks, in some areas for 3. It's seemingly that these measures will final," Diess stated in a Linkedin submit on Saturday.

The corporate's manufacturers embrace VW, Audi, Bentley, Bugatti, Ducati, Lamborghini, Porsche, Seat and Skoda.

"The spreading of the virus won't have come to a standstill in a number of weeks from now. In order that we must be prepared, to dwell with this menace for a very long time - till efficient medicines or a vaccination can be found,” Diess stated.

Volkswagen is taking measures to safe liquidity, its provide chains, and to proceed with strategic initiatives such because the launch of the corporate's ID3 electrical automotive and the provision of battery cells, Diess additionally stated.

Germany's variety of confirmed coronavirus instances rose by 2,705 to succeed in 16,662, the Division for Infectious Ailments at...