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Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 107 EUR | -1.06% |
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+0.33% | -4.34% |
| 07-15 | BP teams up with Audi in strategic partnership for Formula 1 | AN |
| 07-15 | Volkswagen's Audi Signs Formula 1 Collaboration With BP | MT |
HAMBURG (Reuters) - Volkswagen said on Wednesday it would further cut car production at its main plant in northern Germany due to a shortage of semiconductors that has hit the industry worldwide.
Staff producing the Tiguan, Touran, and Seat's Tarraco models at its Wolfsburg site will work reduced hours, the group said in a statement. Production of its bestselling Golf model has already been affected.
Automakers and electronics makers are facing a global shortage of chips as consumer demand has bounced back from a slump caused by the coronavirus pandemic that has led to manufacturing delays.
(Reporting by Jan Schwartz; writing by Thomas Seythal; Editing by Madeline Chambers)
| 1st Jan change | Capi. | |
|---|---|---|
| -4.34% | 61.36B | |
| +26.19% | 279B | |
| +1.73% | 68.55B | |
| -11.43% | 61.63B | |
| +16.74% | 56.81B | |
| +37.25% | 56.22B | |
| +16.30% | 52.06B | |
| +30.88% | 45.01B | |
| +31.94% | 42.66B | |
| +59.26% | 36.43B |
VOLKSWAGEN AG 
