Economics

Factories Fire Up in Europe to Pull Economy Back From the Abyss

Volkswagen, Fiat Chrysler, Renault restarting auto factories
Homebuilders in Britain to resume construction from this week

The Volkswagen AG (VW) logo and a 'Thumbs Up' sign illuminate the facade of the VW headquarters ahead of the restart in Wolfsburg, on April 24.Photographer: Krisztian Bocsi/Bloomberg

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By Stefan Nicola and Jack Sidders

April 26, 2020 at 5:00 AM UTC

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Volkswagen AG is rebooting plants, Airbus SE is up and running and U.K. builders will soon be erecting homes again as Europe starts returning to work after coronavirus shutdowns plunged the region into its worst economic slump in living memory.