US EditionVolkswagen CEO: Chip Supply Stable Despite China Export Ban on Semiconductors
9 Articles
9 Articles
Volkswagen assures that its production in Germany will remain stable next week, despite the blocking of Nexeria chips. The group, together with brands such as Audi, Porsche or Skoda, is looking for suppliers to the desperate in the face of possible impacts on short-term production. Volkswagen has confirmed that its German plants will function normally during the next week, despite the uncertainty generated by the commercial dispute that affects …
Volkswagen says ‘We’re doing fine on chips now, but there are no long-term guarantees'
Volkswagen said it currently has enough semiconductors to keep production running, but it is not calling this stability anything close to secure. The company confirmed that the supply is stable “in the short-term” across its brands, including Audi and Porsche. But CEO Oliver Blume warned that the situation is fragile and could change without warning.He said the chip issue affecting the industry now is not about advanced chips but basic ones used…
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