Volkswagen Expects Semiconductor Shortage to Ease in the Second Half of 2022

Volkswagen Expects Semiconductor Shortage to Ease in the Second Half of 2022
A Volkswagen ID.5 electric car is on view at the show room of German car maker Volkswagen (VW) in Dresden, eastern Germany, on Nov. 3, 2021. Jens Schlueter/AFP via Getty Images
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Volkswagen (VW) said on Feb. 16 that it expects auto production to slow down due to a continued shortage of semiconductor chips in 2022, but that it should be able to ramp up production in the second half of the year.

Automakers around the world have been hit by a shortage of semiconductors caused by CCP virus-induced supply-chain disruptions, as well as a skyrocketing demand for chips at electronic manufacturers.
Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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