Volkswagen to temporarily halt manufacturing in Hanover for a week
Volkswagen, the German automaker, has announced a one-week production halt for light commercial vehicles at its Hannover plant during the Lower Saxony autumn holidays (October 13 to 25). The decision comes in response to a weakening stock market in Europe and a decrease in demand for the electric VW ID. Buzz and the Multivan.
Despite this production stop, the halt does not affect the production of other models at the Hannover plant. The company is offsetting the shutdown days against the overtime accounts of its employees.
In the first half of 2025, Volkswagen delivered approximately 224,000 vehicles worldwide, a decrease from 231,000 in the same period the previous year. However, the company reports an increase in the sales of the battery-electric VW ID. Buzz compared to the same period the previous year, with an increase of almost 70 percent.
The market for electric models, including the VW ID. Buzz and Multivan, is growing slower than expected, contributing to the overall decrease in vehicle deliveries. Despite this, Volkswagen remains optimistic about the future, consistently pursuing its goal of strengthening stock market today performance together with its trading partners.
To set targeted impulses in the markets, Volkswagen is intensifying its sales activities. The company is also collaborating with the Chinese automaker Xpeng to jointly develop electrical and electronic architecture (E/E architecture) for electric vehicles, hybrids, and combustion engines, focusing on the Chinese market starting in 2027. Additionally, Volkswagen's battery subsidiary PowerCo partners with experienced Asian companies like Gotion to accelerate battery production ramp-up.
The first half of 2025 saw a decrease in the operating profit of Volkswagen compared to the same period the previous year. Operating profit for the first half of 2025 was €207 million, a significant decrease from €635 million in the previous year. However, revenue for the first half of 2025 increased compared to the previous year, reaching €8.7 billion, up from €8.1 billion.
Despite the challenges faced in the first half of 2025, Volkswagen expects a highly competitive situation in the markets in the coming months. The company remains committed to its mission of delivering high-quality vehicles and is confident in its ability to navigate the changing irs landscape.
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