chip shortage

Volkswagen, Europe's largest automaker, reported a significant loss of $1.5 billion in the second quarter, citing the impact of tariffs and a challenging market environment. The company warned that a global shortage of semiconductors could further disrupt its production and productivity. The loss was attributed to a combination of factors,...

Volkswagen, one of the world's leading automakers, has cautioned that a shortage of chip supplies could significantly impact its production levels. The warning comes on the heels of a dispute between China and the Dutch government over the delivery of crucial semiconductor components. The Dutch government had been at odds...