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German carmakers ramp up production on high demand
Administrator Thu May 12, 2011 5:26 pm
FRANKFURT -- German carmakers are adding production shifts to meet demand, indicating a sharp increase in sales seen in the first few months of the year is holding up.
Volkswagen AG, Europe's biggest carmaker, is considering keeping one production line at its main plant in Wolfsburg running during its traditional summer shutdown on a voluntary basis so it can keep delivering vehicles, a spokesman for the company said on Wednesday.
VW Group's premium car unit Audi and BMW are running their factories at high capacity levels.
"To keep delivery times as short as possible, we are adding some additional shifts," a spokesman for Audi said. BMW is considering the same, according to a spokesman.
German auto companies posted strong first-quarter results, bolstered by continued strong demand in China, a recovery of the U.S. car market and growing sales in markets such as Russia and Britain.
BMW outshone its rivals with a sharp increase in first-quarter sales, fueled by demand from China and the United States.
Volkswagen beat quarterly earnings forecasts with emerging markets fueling a sharp rise in sales and taking it closer to its goal of overtaking Toyota Motor Corp. as the world's biggest carmaker, something it aims to do by 2018.
General Motors Co. German subsidiary Opel is adding eight shifts at its factories in Gliwice, Poland, and Ellesmere Port, England, through July to meet demand for its Astra compact, a spokesman for Opel said.
"This demand is in our European core markets, primarily in Britain, but also in France, and Russia is recovering, too," the spokesman said.
The plant at Opel's headquarters in Ruesselsheim, which makes the Insignia mid-sized model, is producing at full capacity and will start building Astra cars as well on Aug. 22.
Daimler AG is in talks with its works council to add shifts in the second half of this year and to shorten the annual summer shutdown period. The maker of Mercedes-Benz- and Smart-branded cars last month reported robust quarterly results as demand for luxury cars in China met a rebound in the global truck market.
Volkswagen AG, Europe's biggest carmaker, is considering keeping one production line at its main plant in Wolfsburg running during its traditional summer shutdown on a voluntary basis so it can keep delivering vehicles, a spokesman for the company said on Wednesday.
VW Group's premium car unit Audi and BMW are running their factories at high capacity levels.
"To keep delivery times as short as possible, we are adding some additional shifts," a spokesman for Audi said. BMW is considering the same, according to a spokesman.
German auto companies posted strong first-quarter results, bolstered by continued strong demand in China, a recovery of the U.S. car market and growing sales in markets such as Russia and Britain.
BMW outshone its rivals with a sharp increase in first-quarter sales, fueled by demand from China and the United States.
Volkswagen beat quarterly earnings forecasts with emerging markets fueling a sharp rise in sales and taking it closer to its goal of overtaking Toyota Motor Corp. as the world's biggest carmaker, something it aims to do by 2018.
General Motors Co. German subsidiary Opel is adding eight shifts at its factories in Gliwice, Poland, and Ellesmere Port, England, through July to meet demand for its Astra compact, a spokesman for Opel said.
"This demand is in our European core markets, primarily in Britain, but also in France, and Russia is recovering, too," the spokesman said.
The plant at Opel's headquarters in Ruesselsheim, which makes the Insignia mid-sized model, is producing at full capacity and will start building Astra cars as well on Aug. 22.
Daimler AG is in talks with its works council to add shifts in the second half of this year and to shorten the annual summer shutdown period. The maker of Mercedes-Benz- and Smart-branded cars last month reported robust quarterly results as demand for luxury cars in China met a rebound in the global truck market.
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