Volkswagen AG’s Skoda unit announces it will initiate a 2-day production slowdown March 28-29 at its Mlada Boleslav plant in the Czech Republic. The cutback will reduce output at the plant by 2,000 units. Skoda is initiating the downtime in response to weak demand and a rise in the Czech crown currency, which has risen 10% against the Euro in recent months. The company expects the move to affect only one-quarter of the 16,600 workers at the plant.
Premium Content (PAID Subscription Required)
"Skoda Cuts Czech Production" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.