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VW says chip crunch might bring about further manufacturing cuts

BERLIN — Volkswagen may will need to cut output further more thanks to a semiconductor provide crunch, the automaker claimed.

The automobile marketplace is struggling with renewed strains right after a restoration in need stretched source chains before this 12 months, with COVID-19 outbreaks in Asia hitting each chip creation and functions at business ports.

“We at this time hope supply of chips in the third quarter to be extremely unstable and tight,” VW mentioned in answer to a request for comment by Reuters on Thursday. “We are unable to rule out additional variations to manufacturing.”

VW explained it expects

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