Volkswagen Expects Chip Supply To Be Challenging At Least Until End-H1

Volkswagen stated tight chip provide would proceed to pose challenges to Europe’s largest carmaker throughout no less than the primary half of 2022.

Volkswagen on Wednesday stated tight chip provide would proceed to pose challenges to Europe’s largest carmaker throughout no less than the primary half of 2022, whereas subsequent 12 months as a complete ought to present a slight enchancment.

“The Volkswagen Group is still doing everything in its power to minimize the impact of the structural undersupply of semiconductors on production and is actively working with semiconductor manufacturers and suppliers to mitigate the supply shortages,” the group stated.

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