Strikes join chips, costs and COVID-19 in Volkswagen’s list of woes

Cons. Discr. - Autos 1114 Mexico 839 Strikes 39

Volkswagen, like many other automakers, has had to contend with demand volatility, a shortage of semiconductors, rising raw material costs and staff sickness during the pandemic. Added to these is the threat of a new round of strikes at the firm’s Puebla, Mexico factory in August. Exports of vehicles from Mexico linked to Volkswagen dropped by 14.0% year over year in April after dipping 2.4% lower in Q1’21. The firm’s supply chain has only just started to slow to compensate. Mexican imports of components linked to the firm were down by just 3.7%, led by a slide in imports of engines and ...

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