Categories: Business

Car factories closed in Europe

published


Update


Video length: 2 minutes


Tensions in the Red Sea: Automobile factories shut down in Europe

Some car manufacturers such as Tesla and Volvo have to close their factories in Europe while waiting for deliveries. Transport companies have fallen behind schedule. They should in fact bypass Africa, as Houthi rebels in Yemen attack boats in the Red Sea. – (France 2)

Article written by

France 2 – J. Cholin, T. Maillet, F. Ducobu, V. Castel

France Television

Some car manufacturers have to temporarily close their factories in Europe while waiting for deliveries. Transport companies have fallen behind schedule. They should in fact bypass Africa, as Houthi rebels in Yemen attack boats in the Red Sea.

Are tensions in the Red Sea destabilizing the European economy? A month after the first attacks by Yemeni rebels against cargo ships, the first effects are being felt in Europe. In Ghent, Belgium, the Volvo Group factory is suspended. As of the morning of Monday January 15, the employees are technically unemployed. “They told us we wouldn’t work because the factory was missing certain materials, so we couldn’t make cars anymore.

“, explains Dominique Strube, representative of the ABCC Volvo Ghent union.

Bypass through Africa

He loses a part of his salary, as “6,000 employees out of 7,000”., and for these three days, he said. Tesla in Germany and, to a lesser extent, Stellantis in France are also affected. At the root of the troubles, instability in the Red Sea, where ships are becoming scarce. They prefer to bypass Africa through the South as evidenced by real-time maritime navigation maps. In a minus, container prices have tripled between Asia and Europe. As ships are growing faster to catch up, fuel consumption is also increasing.

Among our sources:

Real-time marine traffic

Drewry Container Price Index

A non-exhaustive list.

Source link

Admin

Share
Published by
Admin

Recent Posts

100 million degrees for 48 seconds: South Korea’s ‘artificial sun’ moves closer to nuclear revolution

This is a new record that scientists from the Korea Fusion Energy Institute (KFE) have…

8 months ago

The report offers solutions for insurers facing future growth in natural disasters

Damages associated with drought, floods, hail and other increasingly violent events are expected to increase…

8 months ago

You still have time to claim this exciting investigation

An estimated 9 million people in the United States are still waiting for their final…

8 months ago

IDF recognizes “serious mistake” in killing seven members of NGO World Central Kitchen

The death of seven humanitarian workers from the American NGO World Central Kitchen in an…

8 months ago

Fortnite Shop Apr 3, 2024 – Fortnite

Today, at one o'clock in the morning, Gamer updates it Boutique de Fortnite Through the…

8 months ago

Sharon Stone tried to make a Barbie movie in the 1990s

The Basic Instinct and Casino actress looks back at a time in Hollywood when adapting…

8 months ago