Volkswagen vs. COVID-19 Virus
- April 23, 2020
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Volkswagen has announced a few of its efforts to contribute to the fight against the COVID-19 pandemic:
Last week, Volkswagen of America and fabrics supplier Faurecia announced a collaborative effort to manufacture Personal Protective Equipment (PPE) items, with the first batch shipped to New York City’s Javits Center and other area hospitals. Working with Volkswagen strategy and logistics, Faurecia was able to quickly convert one of its factories to begin producing tens of thousands of surgical masks and gowns.
There’s a been a severe shortage of Personal Protective Equipment in the United States (and in other countries), and moving production to produce such equipment is critical.
Faurecia [a Volkswagen supplier] has since been able to significantly ramp up production capacities and is now able to make an estimated 250,000 masks and 50,000 gowns per week. Volkswagen donated the first run of Faurecia-produced surgical masks and gowns to New York State’s COVID-19 response efforts. The shipment of 75,000 units arrived at the end of last week, to be distributed at area hospitals including the temporary hospital at New York City’s Javits Center.
In addition, Volkwagen Credit is helping affected customers in the US affected by the crisis who need financial relief or aid:
- Up to 90-day payment deferrals without fees (VCI will not charge any fees but finance charges will still accrue for non-lease accounts)
- Lease extensions up to six months
- Waiving past maturity fees in certain circumstances
These are important changes to support both healthcare professionals and customers.