Volkswagen Warns: High Gas Prices Could Impact Car Production

Volkswagen Warns: High Gas Prices Could Impact Car Production

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Germany's Volkswagen AG warned on Thursday that global auto production will be at risk in 2023 if Russia fails to resume deliveries of natural gas through Nord Stream 1.  As long as Germany continues to fill its natural gas storage over the coming 5-6 months, Reuters cited a Volkswagen executive as saying on Thursday, the auto giant will be able to maintain production levels.  However, the executive warned that by next year, with natural gas prices continuing upwards and supply still at risk over Nord Stream, production will be in question. …

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