financetom
Business
financetom
/
Business
/
Volkswagen preparing staff for temporary plant closures, Bild reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Volkswagen preparing staff for temporary plant closures, Bild reports
Oct 22, 2025 3:34 AM

BERLIN (Reuters) -Volkswagen is preparing staff for temporary plant closures, German daily Bild reported on Wednesday, referring to an internal letter from company management warning staff about potential disruptions.

The paper said it had access to the letter, in which VW was preparing employees for a temporary closure of plants.

According to Bild, the letter stated that current production had not yet been impacted by chip shortages but cautioned that disruptions could occur given the evolving situation.

Volkswagen did not immediately reply to an emailed request for comment.

The company said on Tuesday it was preparing to pause production of two key models but denied any connection with a stand-off over chipmaker Nexperia putting pressure on supply chains.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-GCL'S Subsidiary Completes Compulsory Acquisition And Delisting Of Ban Leong Technologies Limited
BRIEF-GCL'S Subsidiary Completes Compulsory Acquisition And Delisting Of Ban Leong Technologies Limited
Aug 25, 2025
Aug 25 (Reuters) - GCL Global Holdings Ltd ( GCL ): * GCL'S SUBSIDIARY COMPLETES COMPULSORY ACQUISITION AND DELISTING OF BAN LEONG TECHNOLOGIES LIMITED Source text: Further company coverage: ...
BRIEF-Verint Agrees To Be Acquired By Thoma Bravo For $2 Billion
BRIEF-Verint Agrees To Be Acquired By Thoma Bravo For $2 Billion
Aug 25, 2025
Aug 25 (Reuters) - Verint Systems Inc ( VRNT ): * VERINT AGREES TO BE ACQUIRED BY THOMA BRAVO FOR $2 BILLION * VERINT AGREES TO BE ACQUIRED BY THOMA BRAVO FOR $2 BILLION * VERINT SYSTEMS INC ( VRNT ) - SHAREHOLDERS TO RECEIVE $20.50 PER SHARE, 18% PREMIUM * VERINT SYSTEMS INC ( VRNT ) - STOCK TO...
Mineros Evaluating Financing Options to Power Strategic Growth
Mineros Evaluating Financing Options to Power Strategic Growth
Aug 25, 2025
08:42 AM EDT, 08/25/2025 (MT Newswires) -- Mineros ( MNSAF ) , which gained near 5% to 52-week highs last Friday, said its board instructed management to explore a potential debt financing transaction to fund growth plans. The company said on Monday that it is expanding its exploration programs and wholly owned operations and has decided to explore alternatives to...
Intel warns US stake could hurt international sales, future grants
Intel warns US stake could hurt international sales, future grants
Aug 25, 2025
(Reuters) -Intel said on Monday that the 10% stake by the U.S. government in the chipmaker could pose risks to its business, from potentially harming international sales to limiting its ability to secure future government grants. The company laid out the new risk factors in a securities filing after the government decided to convert government grants into an equity stake in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved