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Share Name Share Symbol Market Type
Volkswagen AG XE:VOW XETRA Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  6.35 3.91% 168.65 168.70 168.65 169.25 163.45 163.60 35,908 16:45:00

Volkswagen May Shift Production From Germany Amid Gas Shortage, Bloomberg Reports

23/09/2022 10:59am

Dow Jones News


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--Volkswagen is reviewing options such as shifting production from countries most reliant on Russian gas, like Germany, if gas shortages continue beyond winter, Bloomberg reports.

--The car maker's sites in southern Europe which source energy from elsewhere could be beneficiaries of a production shift, according to Bloomberg.

--Still, Volkswagen would face significant labor hurdles with any shift away from Germany and such a move would likely be limited to a number of vehicles rather than entire factories, Bloomberg reports.

 

Full story: https://bloom.bg/3SpOT1P

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

September 23, 2022 05:44 ET (09:44 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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