Stock Market News

Volkswagen China says its plants in Changchun resume production

2022.04.18 11:25

Volkswagen China says its plants in Changchun resume production
FILE PHOTO: A woman wearing a face mask following the coronavirus disease (COVID-19) outbreak stands under a sign of Volkswagen at the Beijing International Automotive Exhibition, or Auto China show, in Beijing, China, September 27, 2020. REUTERS/Tingshu

SHANGHAI (Reuters) – Volkswagen (ETR:VOWG_p) Group China said on Monday its factories in the northeastern Chinese city of Changchun, which it runs via a joint venture with China’s FAW Group, have gradually resumed prodution as the city eases COVID curbs.

It said it was still studying the feasibility of resuming production at its plant in Shanghai, which it manages through a joint venture with SAIC Motor. SAIC Motor on Sunday said it was carrying out stress tests in lieu of restarting work at its factories in the locked down Chinese financial hub.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 95,711.64 2.98%
ethereum
Ethereum (ETH) $ 3,322.11 4.25%
tether
Tether (USDT) $ 0.999085 0.01%
xrp
XRP (XRP) $ 2.15 6.10%
bnb
BNB (BNB) $ 687.42 1.89%
solana
Solana (SOL) $ 187.77 5.47%
dogecoin
Dogecoin (DOGE) $ 0.312173 5.57%
usd-coin
USDC (USDC) $ 0.9995 0.07%
staked-ether
Lido Staked Ether (STETH) $ 3,317.63 4.33%
cardano
Cardano (ADA) $ 0.858835 5.85%
tron
TRON (TRX) $ 0.250757 2.47%
avalanche-2
Avalanche (AVAX) $ 37.30 7.79%
the-open-network
Toncoin (TON) $ 5.69 4.31%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,069.72 1.17%
chainlink
Chainlink (LINK) $ 22.66 7.70%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,366.55 2.95%
shiba-inu
Shiba Inu (SHIB) $ 0.000021 6.45%
sui
Sui (SUI) $ 4.19 7.44%
hedera-hashgraph
Hedera (HBAR) $ 0.286667 9.41%
stellar
Stellar (XLM) $ 0.35386 7.78%
polkadot
Polkadot (DOT) $ 6.92 7.30%
bitget-token
Bitget Token (BGB) $ 7.40 30.69%
weth
WETH (WETH) $ 3,324.69 4.11%
hyperliquid
Hyperliquid (HYPE) $ 25.88 7.86%
bitcoin-cash
Bitcoin Cash (BCH) $ 435.93 5.31%
leo-token
LEO Token (LEO) $ 9.17 3.55%
uniswap
Uniswap (UNI) $ 12.94 6.47%
litecoin
Litecoin (LTC) $ 101.97 6.01%
pepe
Pepe (PEPE) $ 0.000017 6.37%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,509.22 4.31%
near
NEAR Protocol (NEAR) $ 5.02 7.47%
ethena-usde
Ethena USDe (USDE) $ 0.998031 0.17%
usds
USDS (USDS) $ 0.999186 0.15%
aave
Aave (AAVE) $ 333.80 9.77%
aptos
Aptos (APT) $ 8.92 7.01%
internet-computer
Internet Computer (ICP) $ 10.22 8.88%
crypto-com-chain
Cronos (CRO) $ 0.149005 5.41%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.47773 7.10%
mantle
Mantle (MNT) $ 1.17 5.61%
ethereum-classic
Ethereum Classic (ETC) $ 25.73 5.59%
vechain
VeChain (VET) $ 0.046654 10.11%
render-token
Render (RENDER) $ 7.11 5.80%
whitebit
WhiteBIT Coin (WBT) $ 24.71 1.10%
dai
Dai (DAI) $ 0.999508 0.09%
monero
Monero (XMR) $ 188.73 2.93%
bittensor
Bittensor (TAO) $ 468.74 7.05%
mantra-dao
MANTRA (OM) $ 3.62 3.75%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.26 6.80%
arbitrum
Arbitrum (ARB) $ 0.743299 6.87%
filecoin
Filecoin (FIL) $ 4.95 6.36%