VW brand boss expects chip supply to remain tight in coming months

FRANKFURT — Volkswagen expects semiconductor materials to the motor vehicle sector to continue being limited in coming months, the head of the autormaker’s namesake brand was quoted as expressing on Saturday.

“I consider the problem will continue being tense,” Ralf Brandstaetter, CEO of the Volkswagen brand and member of the carmaker’s administration board, advised German news company dpa.

He explained a hearth at a manufacturing unit operated by automotive chip maker Renesas Electronics Corp., as very well as snowstorms in Texas that have harm manufacturing unit output, experienced efficiently idled output.

“The effect will surely be felt in the coming months,” Brandstaetter explained, incorporating Volkswagen’s procurement undertaking drive was occupied around the clock working with the challenge which remained at the top of the agenda of Volkswagen’s administration board.

Volkswagen AG has been not able to create 100,000 automobiles thanks to the scarcity, CEO Herbert Diess explained in March, incorporating the team would not be able to make up for the shortfall in 2021.

Brandstaetter explained the problem was anticipated to simplicity to some degree in the 2nd fifty percent of the calendar year.

Wayne Griffiths, president of Volkswagen’s Spanish brand Seat, explained previous thirty day period the troubles triggered by the scarcity had been possible to intensify in the 2nd quarter.

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