Volkswagen Expects Chip Supply To Remain Tight In Coming Months

Volkswagen Expects Chip Supply To Remain Tight In Coming Months [ad_1]

Volkswagen AG has been unable to construct 100,000 vehicles because of the scarcity, CEO Herbert Diess stated in March, including the group wouldn’t be capable of make up for the shortfall in 2021.


Brandstaetter said the situation was expected to ease somewhat in the second half of the year.
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Brandstaetter stated the scenario was anticipated to ease considerably within the second half of the 12 months.

Volkswagen expects semiconductor provides to the automotive sector to stay tight in coming months, the pinnacle of the carmaker’s namesake model was quoted as saying on Saturday.

“I think the situation will remain tense,” Ralf Brandstaetter, CEO of the Volkswagen model and member of the carmaker’s administration board, informed German information company dpa.

He stated a hearth at a manufacturing unit operated by automotive chip maker Renesas Electronics Corp, in addition to snowstorms in Texas which have harm manufacturing unit manufacturing, had successfully idled output.

Also Read: Volkswagen To Design Chips For Autonomous Vehicles, Says CEO

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Brandstaetter stated the impression will definitely be felt within the coming months

“The impact will certainly be felt in the coming months,” Brandstaetter stated, including Volkswagen’s procurement activity drive was busy across the clock coping with the difficulty which remained on the prime of the agenda of Volkswagen’s administration board.

Volkswagen AG has been unable to construct 100,000 vehicles because of the scarcity, CEO Herbert Diess stated in March, including the group wouldn’t be capable of make up for the shortfall in 2021.

Brandstaetter stated the scenario was anticipated to ease considerably within the second half of the 12 months.

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Wayne Griffiths, president of Volkswagen’s Spanish model SEAT, stated final month the challenges attributable to the scarcity had been prone to intensify within the second quarter.

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