Mexican Media Brands
VW Suspends Production at Factory in Brazil
Volkswagen AG has halted operations at its auto assembly plant in Taubate, Brazil, for three weeks, according to Reuters, which cites union sources.
#labor
Share
Volkswagen AG has halted operations at its auto assembly plant in Taubate, Brazil, for three weeks, according to Reuters, which cites union sources. VW has not commented.
The factory, which employs 4,200 workers, makes the Up! city car along with the Gol small hatchback and four-door Voyage variant.
Car sales and production in Brazil declined 7% and 15%, respectively, in 2014, according to industry group ANFAVEA. Reuters notes that sales and output are down more than 20% this year. Demand has been hurt by high inflation in Brazil and a weak economy in Argentina, the country's largest export market.
RELATED CONTENT
-
UAW Launches Strike Against GM
As expected, some 48,000 of the United Auto Workers Union members began a strike at midnight Sunday against General Motors Co. facilities in the U.S.
-
UPDATE: UAW, GM Reach Tentative Labor Deal
General Motors Co. and the United Auto Workers union have reached a possible deal on a new four-year labor contract covering some 48,000 of the union’s hourly workers in the U.S.
-
Marchionne Cancels Trip to Paris Auto Show
Fiat Chrysler Automobiles CEO Sergio Marchionne has cancelled a planned appearance at the Paris auto show on Thursday.
