×
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Volkswagen says might have to cut production further due to chip shortage

Volkswagen expects the situation to improve by the end of the year
Last Updated : 19 August 2021, 10:51 IST
Last Updated : 19 August 2021, 10:51 IST

Follow Us :

Comments

Volkswagen may need to cut production further due to a semiconductor supply bottleneck, the German carmaker said on Thursday.

Volkswagen expects the situation to improve by the end of the year and aims to make up for production shortfalls in the second half as far as possible, the company told Reuters.

Rival Toyota will reduce global production for September by 40% from its previous plan, the Nikkei business daily reported on Thursday.

ADVERTISEMENT
Published 19 August 2021, 10:06 IST

Deccan Herald is on WhatsApp Channels| Join now for Breaking News & Editor's Picks

Follow us on :

Follow Us

ADVERTISEMENT
ADVERTISEMENT