VW to Restart Production After Ending Six-Day Parts Standoff
- Six stalled plants in Germany to ramp up as deliveries resume
- Supplier’s unprecedented reaction affected 28,000 VW workers
Employees secure protective covers to a Volkswagen Tiguan SUV.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Volkswagen AG negotiated through the night to reach a deal with a rebellious supplier, ending a six-day standoff that halted production of Golf and Passat cars after the parts maker refused to provide seat and transmission components.
Prevent Group will restart deliveries as soon as possible, and Volkswagen’s affected factories will gradually return to normal production, the companies said in a joint statement on Tuesday. They declined to release details of the agreement. Volkswagen shares rose 2.2 percent.