TECH - Volkswagen To Temporarily Halt Production Of Two EV Models Due To Poor Demand Says Will 'Watch The Market' | Benzinga
German automaker Volkswagen AG (OTCPK: VWAGY) is reportedly suspending production of certain electric vehicle models owing to a lack of strong demand.
What Happened: Volkswagen will suspend the production of ID.3 and Cupra Born electric cars for the first two weeks of October at its Zwickau and Dresden plants, Reuters reported.
The German automaker did not divulge how many employees will be affected owing to the slowdown, the report added.
Earlier this month, it was ...