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VOW Volkswagen AG

133.20
-6.60 (-4.72%)
30 Apr 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Volkswagen AG TG:VOW Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -6.60 -4.72% 133.20 132.80 133.50 140.00 132.90 139.20 8,352 22:50:02

MAN Truck & Bus Stops Production

19/03/2020 12:26pm

Dow Jones News


Volkswagen (TG:VOW)
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   By Jessica Sier 
 

MAN Truck & Bus is suspending production at its Munich site in response to the coronavirus pandemic, the company said Thursday.

The company, owned by Traton SE, is also cutting back production at its non-German plants.

Earlier this week, the truck maker said it would implement short-time work for German employees as of March 23, a plan that allows workers' hours to be reduced while pay is partially covered by the government.

"MAN is making every effort to reduce work at the sales and service locations worldwide and maintain supply chains," said the company in a statement.

 

Write to Jessica Sier at jessica.sier@wsj.com

 

(END) Dow Jones Newswires

March 19, 2020 08:11 ET (12:11 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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