Supply update……
With regards to the factory closures…
Golf was closed for 2 weeks, it has now reopened.
Tiguan has been closed for 2 weeks and will remain closed until further notice.
ID has been closed for 2 weeks and will see some of the lines return next week.
I think from this news we can expect to see Golf and ID delay a couple of weeks, if they haven’t already, Tiguan is a bit of an unknown but would certainly be careful quoting lead times for current or new orders.
Production in Q1 was down 31%
Production is Q2 was expected to be down 20%, but with main suppliers in Ukraine it is expected to be down 30%