BERLIN (Reuters) – German carmaker Volkswagen expects a continued hit from a shortage of semiconductors this 12 months, though it ought to give you the option to ramp up manufacturing in the second half of the 12 months, Chief Executive Herbert Diess mentioned on Wednesday.
“The provide state of affairs is getting higher, however even in 2022 we will be unable to construct all of the automobiles we might promote. But we
see alternatives for additional manufacturing will increase, particularly in the second half of the 12 months,” Diess mentioned in a speech.
Carmakers world wide have been hit by a shortage of semiconductors attributable to COVID-19 supply-chain disruptions in addition to hovering semiconductor demand at client digital corporations.
Volkswagen mentioned in early February that night time shifts at Wolfsburg can be lower on some manufacturing traces due to the dearth of chips. Diess mentioned capability changes would even be wanted in the medium time period.
Diess mentioned the availability of chips was the one main problem in the mean time, with high fashions of its premium manufacturers already bought out for the entire of 2022, whereas its truck companies even have effectively stuffed order books.
(Reporting by Jan Schwartz, writing by Emma Thomasson; Editing by Madeline Chambers)
