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Volkswagen cuts working hours at German site until mid-October By Reuters

by Mike Robinson

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© Reuters. FILE PHOTO – The VW logo can be seen on the spot where the Volkswagen diesel cheating scandal was first heard at, the Higher Regional Court, Braunschweig (Germany), September 30, 2019. REUTERS/Michele Tantussi

FRANKFURT (Reuters) – Volkswagen (DE:), which is suffering from an ongoing shortage of automotive chips, will cut working hours at its main German factory in Wolfsburg until the middle of October, it said on Wednesday.

According to the company, this will affect only the second week of October. On Oct. 1, the plant that is home to the automaker’s headquarters would have one line running.

Around the globe, carmakers have had to reduce or adjust their production due to the shortage. Volkswagen claims that the shortfall has resulted in a six-digit drop in vehicle production during the first half.

On Oct. 28, Volkswagen will report its third quarter results.

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