The chip shortage is unlikely to completely resolved until 2024, VW CFO Arno Antiz told Boersen-Zeitung at the weekend. “The structural undersupply will likely only resolve itself in 2024,” Antlitz said. Some bottlenecks will ease towards the end of this year, said Antiz, but production won’t return to 2019 levels until 2023. Consequently demand will ...
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