Volkswagen Resumes Production In Changchun City In China: Reuters

by Shivani Kumaresan, Benzinga Staff Writer

April 18, 2022 7:28 AM | 27 seconds read |

Volkswagen AG VWAGY factories in the northeastern Chinese city of Changchun have resumed production, Reuters reported.
The move comes after the city relaxed the COVID-19 restrictions.
The auto major runs its Changchun facilities through a joint venture with China's FAW Group.
The report noted the company is studying the feasibility of resuming production at its Shanghai plant.
Price Action: VWAGY shares closed lower by 2.41% at $22.30 on Thursday.
Photo by atimedia via Pixabay

Posted In:

News Media Briefs

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.