The Supervisory Board of Volkswagen AG is to decide in the middle of November whether to discontinue production of VW Polo cars in its Volkswagen Slovakia plant (VW Slovakia) in the spring of 2008 and move it to Pamplona and Brussels, announced Vladimir Machalík of VW Slovakia's communication department.
"It would be more economically feasible to produce the VW Polo at two sites rather than three," Machalík added.
The SB is also to decide on the content of future production in the Bratislava plant.
VW Slovakia was established as a joint venture of the BAZ firm and the German automobile concern Volkswagen AG in 1991. It is a production and assembly plant that produces passenger cars, gearboxes and their components. Currently, it makes four types of cars for three different brands of the concern, namely the VW Touareg, Audi Q7, VW Polo and the Porsche Cayenne.
Last year, the Slovak firm's sales reached a historic high of €5.2 billion (approximately Sk195.5 billion). The company manufactured 238,657 cars, 376,548 gearboxes and 20.4 million gearbox components. Company exports amounted to Sk190.9 billion and imports to Sk116.5 billion. SITA
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
8. Nov 2007 at 16:35