Sage Investment Club

© Reuters. FILE PHOTO: Skoda Auto car is seen at the production line as the carmaker launches production of MEB battery systems in Mlada Boleslav, Czech Republic, May 17, 2022. REUTERS/David W Cerny/File Photo

PRAGUE (Reuters) – Volkswagen (ETR:)’s Czech subsidiary Skoda Auto is cutting production this week due to chip shortages, trade unions at the carmaker said.
Some shifts will be cancelled in the production of the Octavia, Enyaq, Fabia, Scala and Kamiq models, the unions said. “After optimistic first weeks of the year, the production situation has been worsening again,” the unions said in weekly bulletin Skodovacky Odborar.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *