Volkswagen furloughs 1,500 workers at Tennessee auto plant starting April 11 [MSN Money]
Honda Motor Company, Ltd. (HMC)
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Source: MSN Money
April 9 (Reuters) - Volkswag AG said Thursday it will furlough ,500 workers at its U.S. assembly plant in Tnsee starting April as the industry grappl with the ongoing coronavirus pandemic.© GettyThe German automaker said the temporary emergcy furloughs for its production and maintance workforce are expected to last no more than four weeks.The automaker said its "primary objective is to protect the financial health of Volkswag for the befit of our team as we addrs the emerging and ongoing impacts of the COVID-9."VW said employe and production contractors at the plant have to date received full pay and befits during the shutdown that began March .Automakers are facing a dramatic drop in sal in the United Stat, the world’s second-largt car market, after some stat barred dealers from selling new cars while "stay-at-home" orders are in place. Fiat Chrysler Automobil NV on Monday extded its shutdown of U.S. and Canadian plants until May .On Tuday, Honda Motor Co and Nissan Motor Co said th
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News
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HMC
Analyst Actions
- 12/18/24 - UBS Group AG
HMC
Sec Filings
- 12/18/24 - Form 6-K
- 11/15/24 - Form 6-K
- 11/6/24 - Form 6-K
- HMC's page on the SEC website