SHARE THIS ARTICLE

Volkswagen Group has canceled all its contracts with the Bosnian supplier group that brought many of the automaker's German factories to a halt two years ago when it stopped delivering components.

The parts-maker, Prevent Group, said VW Group's action is illegal because the automaker gave just one day's notice. It says it is considering legal action.

VW's action has led to job losses and shorter working hours for its employees, Prevent said. The cancellation of all contracts with VW contradicts the "commercial principles of good faith," the supplier said in a statement.



Read Article


Volkswagen Cancels All Contracts With Rogue Parts Supplier

About the Author

Agent009