Finance

VW’s Skoda Auto to cancel more shifts due to parts shortage – unions By Reuters

© Reuters. FILE PHOTO: A logo is seen on a wheel of a Skoda Octavia car after a presentation of the company’s annual results in Mlada Boleslav March 20, 2013. REUTERS/David W Cerny

PRAGUE (Reuters) – Volkswagen (DE:)’s Skoda Auto will cancel several shifts ahead of the car maker’s annual general two-week leave, as lingering shortage of parts blocks production, trade unions said on Thursday.

The annual leave is scheduled for the first two weeks of August, but some shifts will be cancelled already as of July 28, the unions said in their weekly magazine Skodovacky Odborar.

Skoda had no immediate comment.

The company has already cancelled some shifts in June.

Car producers across the globe have been struggling due to disrupted delivery channels of parts, mainly chips and semiconductors.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button