VW cancels all contracts with rebel supplier

Munich, Germany – Volkswagen Group has cancelled all its contracts with the Bosnian supplier group that brought many of the automaker’s German factories to a halt two years ago when it stopped delivering components.

The parts-maker, Prevent Group, said VW Group’s action is illegal because the automaker gave just one day’s notice. It says it is considering legal action.

VW’s action has led to job losses and shorter working hours for its employees, Prevent said. The cancellation of all contracts with VW contradicts the “commercial principles of…

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