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Monday, April 4, 2022

German Automobile Manufacturing Work Stoppage -- Breaking -- April 4, 2022

EVs: link here. Scorecard

Volvo Polestar 2:

  • Hertz is buying 65,000 EVs from Volvo's Polestar, a Tesla rival. Link here.
  • Polestar 2; a sporty sedan;
  • will be available later this year (2022) in North Ameria
  • purchases will occur over five years
  • Polestar 2: wiki entry.
  • MSRP: from $45,900.

German stoppage:

  • BMW has halted production at two German factories;
  • Mercedes is slowing work at its assembly plants;
  • Volkswagen, warning of production stoppages, is looking for alternative sources for part
  • Putin's War
  • source here or go direct to ABCNews

In response to the above a reader submits a very interesting observation.

The reader's observation: is this a parts shortage or has electricity become prohibitively expensive to continued? The US does not have an electricity price or energy issue, but even so, there were news reports that several automotive plants in the US were set to shut down this week.

So, for Germany: probably both -- a parts problem as well as high-priced electricity. 

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