Volkswagen and Fiat Chrysler postpone restarting US factories [CNN]
Toyota Motor Corporation (TM)
US:NYSE Investor Relations:
toyota-global.com/investors
Company Research
Source: CNN
(CNN)VolkswagenVLKAF"Before setting a new start date, Volkswagen will weigh the readiness of the supplier base, as well as market demand and the status of the Covid-19 outbreak," Volkswagen said.Volkswagen had stopped production at the factory, which makes the Passat sedan and Atlas SUV, on March 21. The company said it would also use the extra time to "refineFiat Chrysler,FCAURead The company said in a statement that the methods and practices used in reopening its factories in and Italy would serve as models for how the company would reopen its facilities. It added that a new date for restarting Fiat Chrysler's factories would be announced some time later.The United Auto Workers, which represents workers at Fiat Chrysler's plants, had previously said it believed early May would be too soon to safely restart the plants.Separately, Toyota and Hyundai have also announced that they would restart factories around May 4.On Wednesday, Toyota issued a statement reiterating that its facto
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