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Stock impact report

VW and Toyota to reopen European plants this week [CNNMoney.com]

Toyota Motor Corporation (TM) 
US:NYSE Investor Relations: toyota-global.com/investors
Company Research Source: CNNMoney.com
Volkswagen and Toyota will begin reopening European car plants next week London (CNN Business) The world's biggest carmakers will gradually reopen plants in Europe starting next week, but with a focus on health and safety rather than production volume, as lockdown measures are eased in one of the regions hit hardest by the coronavirus pandemic. Volkswagen ( VLKAF ) said in a statement Wednesday that production of its passenger car brands will resume at plants in Zwickau, Germany and Bratislava, Slovakia starting the week of April 20, after a month-long shutdown. Other plants in Germany, Portugal, Spain, Russia and the United States will restart production the following week, with South Africa, Argentina, Brazil and Mexico expected to follow in May, the company said. 1.1 million autoworkers are off the job in Europe "With the decisions by the federal and state governments in Germany and the loosening of restrictions in other European states, conditions hav Show less Read more
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