BERLIN—Volkswagen said supply chain troubles were the new norm as it reported stagnated earnings in the third quarter, but the carmaker still expects growth in the autos market next year as some bottlenecks look likely to ease.
The carmaker lowered its expectations for deliveries this year to be on par with 2021, down from a previously-forecast 5 percent–10 percent rise, but maintained its earnings outlook of hitting the upper end of a 7 percent–8.5 percent margin by cutting fixed costs.
