Volkswagen executive sees global chip shortage running well in 2022


FILE PHOTO: Staff wear protective masks at the Volkswagen assembly line in Wolfsburg, Germany, April 27, 2020. Swen Pfoertner/Pool via REUTERS/File Photo/File Photo

DETROIT (Reuters) - Volkswagen AG's top Americas executive said on Tuesday the global chip shortage will run well into next year.

"Without a doubt, this shortage is going to go well into 2022, at least the second half of '22," Scott Keogh said on a panel at the Reuters Events Automotive Summit.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Russians say YouTube access ‘restored’ after plea to Putin
Activist: ‘Terrible’ AI has given tech an existential headache
Netflix hopes for live sports knockout with Paul-Tyson fight
Bluesky has added one million users since the US election as people seek alternatives to X
South Korean LG Display to invest additional $1 billion in Vietnam, local govt says
Opinion: Replace your passwords with passkeys for an easier login experience
Rooted in reminiscence: M’sian game designers go big on the nostalgia factor
US man sentenced to 5 years over laundering crypto stolen from Bitfinex hack
Lenovo Q2 revenue jumps 24% on premium PC sales, AI push
No joke: the Onion parody website buys Alex Jones' Infowars out of bankruptcy

Others Also Read