Volkswagen has secured chip supply for now, brand boss says
FILE PHOTO: A Volkswagen logo is seen, on the day of the annual Volkswagen Group press conference in Wolfsburg, Germany March 11, 2025. REUTERS/Liesa Johannssen/File Photo
BERLIN :Volkswagen has secured sufficient chips for its production, the head of the carmaker's VW brand said on Tuesday, as other automotive firms still struggle with a supply shortage triggered by a trade dispute over manufacturer Nexperia.
Thomas Schaefer, head of the Volkswagen brand and member of the carmaker's management board, said that Europe's largest automaker had learned a lot from the chip crisis following the COVID-19 pandemic.
"We're secure at present," he said on the sidelines of an industry event when asked about the current shortage of Nexperia chips.
Source: Reuters
