According to foreign media reports, Volkswagen Group said that due to the impact of new emissions and fuel economy regulations, the production of up to 250,000 vehicles under the Volkswagen Group brand will be delayed in the second half of this year. Volkswagen said on June 8 that the "Globally Harmonized Light Vehicle Test Procedures" (WLTP) implemented on new vehicles from September 1st will temporarily restrict the supply of some models and may affect the working capital due to the increase in inventory in the first half of the year. .
Automakers are at a bottleneck and they are eager to get some models to pass more sophisticated WLTP tests. If they cannot meet the new CO2 emissions and fuel consumption regulations, they will not be able to sell new cars after September 1.
VW Group stated that "it is expected that the new WLTP test program will affect Volkswagen's production in the second half of 2018, and the 200,000 to 250,000 cars planned to be produced will be postponed." Although new test procedures may have an impact on car sales, Volkswagen said. The group reiterated its goal last Friday: Car delivery will slightly exceed the 10.7 million recorded last year. VW said, "We are taking further measures to reduce the impact of WLTP on car production as much as possible." Porsche, the second-largest contributor to the Volkswagen Group's profits, said last week that due to the impact of WLTP, it will temporarily restrict The number of models sold in Europe.
Regarding the potential cost of this shutdown, Volkswagen has not made any response. On June 8, the German "Der Spiegel" quoted the unnamed people of the mass media as saying that the bottleneck means that the number of vehicles that delay production or not production may be up to six digits. The public may face losses of up to several billion US dollars. .
On June 6, Volkswagen's new chief executive, Herbert Diess, said at an employee gathering at the main factory in Wolfsburg that the plant will be suspended in August or September because Volkswagen will only produce vehicles that meet the new standards.
STORAGE FROM 10 TO 200m³
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