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Volkswagen Loses 100,000 Cars to Chip Shortage

volkswagen was unable to build 100,000 cars due to an ongoing chip shortage that has hit the automotive sector this year.

The company’s Chief Executive, who disclosed this at Volkswagen’s Annual Press conference, added that the group would not be able to make up for the shortfall in 2021.

On a future precautionary plan, Diess assured that his company would secure future chip supply via direct agreements with semiconductor suppliers, marking a strategic departure outlined earlier this year.

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