We are moving production from Germany and Eastern Europe because of gas, Volkswagen threatens | Company

Published by
Peter Kavinsky


According to Bloomberg, a Volkswagen spokesperson said Southwestern Europe or the coastal areas of Northern Europe, where there is better access to marine supplies of liquefied natural gas (LNG), could benefit from the shift in production. Volkswagen already produces cars in Portugal, Spain and Belgium, i.e. countries with LNG terminals.

The Volkswagen group also expressed concern about the impact of high gas prices on auto parts suppliers. “Politicians must limit the current uncontrolled explosion in gas and electricity prices,” said Thomas Steg, who is responsible for external relations at the group. “Otherwise, especially small and medium-sized enterprises with high energy consumption will face problems in the supply chain and will have to limit or stop production,” he added.

The situation surrounding Russian gas supplies became more complicated when Russia launched an attack on Ukraine in February this year and the European Union passed a series of anti-Russian sanctions in retaliation. Russia is restricting supplies to the EU, citing technical problems caused by sanctions. But the European Union says the technical problems are just a pretext and that Moscow is using the gas as a weapon to promote its interests.

Volkswagen is the largest car manufacturer in Europe. It also includes Czech car manufacturer Škoda Auto. It has three production sites in the Czech Republic, but also produces in Slovakia, China and India, mostly through group partnerships, and in Ukraine and Kazakhstan in collaboration with local partners.


Peter Kavinsky

Peter Kavinsky is the Executive Editor at cablefreetv.org

Recent Posts

  • News

What is a restaurant convenience charge and do you have to pay it? and other news

What is a restaurant convenience charge and do you have to pay it? | FoodGood…

2 mins ago
  • News

In the Donetsk region, the Karlovskaya filter station is powerless again, several cities are without water

About this in Telegram The military administration of the city of Mirnograd, reports Ukrinform. “As…

3 mins ago
  • News

A Master Class Was Held in Nevinnomyssk as Part of the Stavropol Musical Autumn 2022 Festival :: News

Photo: Administration of Nevinnomyssky A master class on the topic "How to become a professional…

5 mins ago
  • News

15 killed in new brawl in prison in Ecuador

Quito (EFE) - At least 15 dead prisoners and another 21 injured led to a…

8 mins ago
  • News

How Premier League bosses used their substitutes during the last round of games

Tottenham and Manchester City made quadruple substitutions this weekend, while Fulham were also grateful for…

9 mins ago
  • News

The referee of the Monaco – Trabzonspor match in the UEFA Conference League has been announced!

In the 3rd week match of the UEFA Conference League, Trabzonspor will be the guest…

10 mins ago