VW’s China unit sees chip shortage easing

Rodolfo Schellin

VW’s China unit sees chip scarcity easing – Just Auto

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VW’s China unit sees chip scarcity easing

Though lots of automakers all over the environment are battling to deal with a scarcity of vital digital parts triggered by the semiconductor supply disaster, Volkswagen’s Chinese unit expects the disaster to simplicity about the next 6 months.

In remarks claimed by Reuters, VW’s China operations main Stephan Woellenstein explained he anticipated the chips supply disaster to base out in the summer months. “We anticipate to see an improvement in this situation inside the next 50 percent of the calendar year,” he extra.

He also told Reuters that Volkswagen will resource some chips from a new provider starting off in August.

The Reuters report notes that VW observed its China JVs’ revenue fall 12.three{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} among April and June as opposed with a calendar year previously, as chip supply difficulties strike its assembly lines.


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