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Volkswagen: Difference between revisions
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March 20, 2023. Russian court freezes all Volkswagen's assets in Russia. This is a result of a legal suit by Russian auto manufacturer GAZ, which had been contracted to produce Volkswagen's vehicles. GAZ estimates losses as a result of the breach of contract to be around $207.79 million. The decision will prevent Volkswagen from selling its Kaluga plant estimated to be worth over $1.1 billion in investment. | |||
March 20,2023. If the "Euro 7" emissions scheme is implemented in its current form, it will affect a third of Skoda's deliveries (731,300 in 2022)."If (Euro 7) is approved in this shape, it would mean for Skoda Auto to close one plant, because we would stop producing the smaller models - Fabia, Scala, Kamiq - that means 3,000 jobs (would be) hit at least," Martin Jahn, a board member of Skoda said<ref>https://www.xm.com/research/markets/allNews/reuters/vws-skoda-would-cut-3000-jobs-if-euro-7-implemented-in-current-form-53503430</ref>. | March 20,2023. If the "Euro 7" emissions scheme is implemented in its current form, it will affect a third of Skoda's deliveries (731,300 in 2022)."If (Euro 7) is approved in this shape, it would mean for Skoda Auto to close one plant, because we would stop producing the smaller models - Fabia, Scala, Kamiq - that means 3,000 jobs (would be) hit at least," Martin Jahn, a board member of Skoda said<ref>https://www.xm.com/research/markets/allNews/reuters/vws-skoda-would-cut-3000-jobs-if-euro-7-implemented-in-current-form-53503430</ref>. | ||