Volkswagen: Supply chain problems now the rule, not exception

1 min read
FILE PHOTO: A Volkswagen logo is pictured in a production line at the Volkswagen plant in Wolfsburg

BERLIN (Reuters) – Volkswagen’s chief executive warned on Friday that supply chain problems were now the rule and not the exception, with the carmaker sitting on 150,000 unfinished vehicles because of lacking parts.

Volkswagen has set up a separate unit to evaluate threats to supply security, gathering data from across the supply chain to forecast shortages, Oliver Blume said on an analysts’ call.

Still, Chief Financial Officer Arno Antlitz said he saw a low risk of production stops this winter despite concerns over energy supply with measures in place including stockpiling of critical components.

(Reporting by Victoria Waldersee, editing by Rachel More)

tagreuters.com2022binary_LYNXMPEI9R08D-BASEIMAGE

Breaking News:  Jewish Leaders and Groups Condemn Trump Following Dinner With Kanye West and Nick Fuentes