German auto giants BMW and Volkswagen suspend production due to lack of parts from Ukraine

17 March 2022, 00:15 | Economy
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European automobile companies BMW and Volkswagen suspend the work of a number of factories due to a lack of parts imported from Ukraine. Reported by the Financial Times.

BMW and Volkswagen have been forced to shut down factories across Europe after a Russian invasion forced the closure of Ukrainian electrical plants..

According to Auto Analysis, cited by the publication, Ukraine, in particular, accounts for about a fifth of the supply of electrical cables..



" You cannot start assembling even an incomplete car without them,"

In addition, sources told the publication about serious logistical problems.. " We have to check daily whether it is possible to send a car or two today,"

Volkswagen CEO Herbert Diess, quoted by the Financial Times, noted that the company is currently considering alternatives, which include changing equipment..

At the same time, sources told the newspaper that some suppliers from Ukraine began to resume work..




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