Advertisement
UK markets open in 2 hours 20 minutes
  • NIKKEI 225

    39,081.64
    +464.54 (+1.20%)
     
  • HANG SENG

    18,930.02
    -265.58 (-1.38%)
     
  • CRUDE OIL

    77.04
    -0.53 (-0.68%)
     
  • GOLD FUTURES

    2,373.70
    -19.20 (-0.80%)
     
  • DOW

    39,671.04
    -201.95 (-0.51%)
     
  • Bitcoin GBP

    54,607.29
    -19.45 (-0.04%)
     
  • CMC Crypto 200

    1,511.00
    -15.41 (-1.01%)
     
  • NASDAQ Composite

    16,801.54
    -31.08 (-0.18%)
     
  • UK FTSE All Share

    4,560.55
    -23.85 (-0.52%)
     

Volkswagen has until mid-year to decide on Turkey plant - source

The logo of German carmaker Volkswagen is seen on a new Golf car at Brussels Motor Show

HAMBURG (Reuters) - Volkswagen is again postponing its decision on whether to build a car plant in Turkey, a source told Reuters on Tuesday, after the company halted the process in the wake of international criticism of the country's military operations in Syria.

"We still have time and can certainly do that (decision) by mid-year," the person familiar with the discussions said.

Volkswagen said in December it would likely decide on the investment in February.

(Reporting by Jan Schwartz; writing by Thomas Seythal; editing by Sabine Wollrab and Riham Alkousaa)