Volkswagen AG will halt production at its plants in Europe, deepening the economic pain the rapidly spreading coronavirus is inflicting on the struggling car industry.
The world’s largest automaker, joining European rivals and suppliers in suspending output, said the shutdown will last about two weeks in Germany, where VW employs almost 300,000 people. Sites that build Lamborghini sports cars and Ducati motorcycles in Italy, Seat economy cars in Spain and VW-branded SUVs in Portugal will be idled by week’s end.
