The last few days has seen a rapid escalation in the number of plant closures in Europe’s car industry. Companies announcing closures include Ford, Volkswagen, Daimler, Fiat Chrysler, and PSA Group.
Automotive News Europe: Ford suspends European production
Automotive News Europe: VW Seat unit to halt all production
Wall Street Journal (subscription): Volkswagen, Airbus Halt European Production Amid Wave of Factory Closures
The Telegraph (subscription): Europe’s car industry stalls as coronavirus shuts plans