Volkswagen looks to claim damages from suppliers over chip shortages: magazine
BERLIN (Reuters) – German car producer Volkswagen is wanting into attainable claims for damages in direction of its suppliers Bosch and Continental due to a shortage of semiconductors, Automobilwoche magazine reported on Sunday.
Automakers across the globe are shutting assembly traces due to points throughout the provide of semiconductors, which in some circumstances have been exacerbated by the earlier Trump administration’s actions in direction of key Chinese chip factories.
The shortage has affected Volkswagen, Ford Motor Co, Subaru Corp, Toyota Motor Corp, Nissan Motor Co Ltd, Fiat Chrysler Automobiles and totally different car makers.
Citing of us acquainted with the matter, Automobilwoche reported that Volkswagen was in talks with totally different suppliers of semiconductors nonetheless there have been points this would possibly lead to elevated prices.
Volkswagen wants to make sure that every Bosch and Continental share …
