The largest car manufacturer in Europe, VW, is reducing production volumes and introducing temporary shutdowns at two of its electric vehicle factories in Germany.
According to “Bloomberg News,” citing a company spokesperson, the Zwickau factory will halt production for a week starting October 6 due to weak demand for the Audi Q4 e-tron.
Meanwhile, VW’s production unit in Emden has reduced employee working hours and is expected to halt production lines for several days.
It should be noted that last week VW announced it suffered a loss of €5.1 billion, due to falling sales in China, as well as weak demand for fully electric models.
Global sales of Porsche fell 6% in the first half of 2025, with China declining 28% and Germany 23%, while in Europe, the brand’s sales decreased by 8% compared to the same period in 2024.
In the U.S., the first six months of the year escaped the worsening of rates, and sales grew by 10%, due to the anticipation of purchases to still benefit from lower prices.
