December 18, 2020 GMT
FRANKFURT, Germany (AP) Volkswagen said Thursday it was facing production slowdowns due to a “massive” supply bottleneck caused by a shortage of semiconductor components for car electronics as global automobile markets bounce back from the pandemic sales slump.
The Wolfsburg-based carmaker said that semiconductor makers had reassigned production to consumer electronics during the worst of the COVID-19 slowdown in sales. “However, automobile markets have now recovered significantly and the industry, including the Volkswagen Group, faces a shortage of the electronic components required,” the company said in a statement.
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The shortage will affect production at Chinese, North American and European plants during the first quarter of 2021, the company said. Models based on the company’s modular platform under the Volkswagen, Volkswagen Commercial Vehicles, Skoda, SEAT, and to a limited extent Audi brands were impacted.
Volkswagen faces
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Volkswagen facing massive shortage of electronic parts
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Volkswagen faces massive shortage of electronic parts
by The Associated Press
Last Updated Dec 18, 2020 at 2:14 pm EDT
FRANKFURT Volkswagen said Thursday it was facing production slowdowns due to a “massive” supply bottleneck caused by a shortage of semiconductor components for car electronics as global automobile markets bounce back from the pandemic sales slump.
The Wolfsburg-based carmaker said that semiconductor makers had reassigned production to consumer electronics during the worst of the COVID-19 slowdown in sales. “However, automobile markets have now recovered significantly and the industry, including the Volkswagen Group, faces a shortage of the electronic components required,” the company said in a statement.
Volkswagen faces
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