According to the Financial Times, car manufacturer Volkswagen AG has warned managers need to prepare to ‘deal’ with the more impacted production activities in the second quarter of 2021 compared to the first quarter. 2021 due to a global shortage of chips.
Volkswagen logo at a dealership of this company in Hamm, Germany. Photo: AFP / VNA In an interview with the Financial Times, Mr. Wayne Griffiths, President of Seat brand in Spain, Volkswagen said he had received notification from suppliers as well as from Volkswagen Group about the significant challenges in the second quarter. could be even more difficult than the first quarter. Mr. Griffiths said that the shortage of chips is the biggest challenge that this business is facing. Seat’s Martorell factory, located on the outskirts of Barcelona, only makes models that have received chips from suppliers, Griffiths said. Volkswagen expects chip supplies to remain tight in the coming months. Last month, Volkswagen CEO Herbert Diess said the company was unable to produce 100,000 vehicles due to chip shortages and it would be difficult to make up for the shortage in 2021. According to Volkswagen, the shortage of chips is exacerbated by a snowstorm in Texas (USA), and major chip manufacturers based in the region have to stop production or reduce production. Therefore, the firm cannot rule out the possibility of having to make further adjustments to production activities.
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