Volkswagen is losing up to $3.6 billion a week, despite shutdown

German carmaker Volkswagen has claimed it is still spending €2 billion (AU$3.6 billion) per week during the coronavirus outbreak, despite having suspended European production last month. Volkswagen CEO Herbert Diess told media that the business is still operational – however running at a loss, as reported by Automotive News. He put the business’s operational costs at approximately €2 billion (AU$3.6 billion) each week, however did not allude to net loss.

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