AGL 40.01 Increased By ▲ 0.01 (0.03%)
AIRLINK 131.80 Increased By ▲ 2.27 (1.75%)
BOP 6.87 Increased By ▲ 0.19 (2.84%)
CNERGY 4.54 Decreased By ▼ -0.09 (-1.94%)
DCL 8.80 Decreased By ▼ -0.14 (-1.57%)
DFML 42.60 Increased By ▲ 0.91 (2.18%)
DGKC 84.30 Increased By ▲ 0.53 (0.63%)
FCCL 32.85 Increased By ▲ 0.08 (0.24%)
FFBL 77.51 Increased By ▲ 2.04 (2.7%)
FFL 12.06 Increased By ▲ 0.59 (5.14%)
HUBC 110.25 Decreased By ▼ -0.30 (-0.27%)
HUMNL 14.42 Decreased By ▼ -0.14 (-0.96%)
KEL 5.54 Increased By ▲ 0.15 (2.78%)
KOSM 8.32 Decreased By ▼ -0.08 (-0.95%)
MLCF 39.60 Decreased By ▼ -0.19 (-0.48%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 198.60 Decreased By ▼ -1.06 (-0.53%)
PAEL 26.38 Decreased By ▼ -0.27 (-1.01%)
PIBTL 7.63 Decreased By ▼ -0.03 (-0.39%)
PPL 158.75 Increased By ▲ 0.83 (0.53%)
PRL 26.25 Decreased By ▼ -0.48 (-1.8%)
PTC 18.43 Decreased By ▼ -0.03 (-0.16%)
SEARL 81.50 Decreased By ▼ -0.94 (-1.14%)
TELE 8.10 Decreased By ▼ -0.21 (-2.53%)
TOMCL 34.40 Decreased By ▼ -0.11 (-0.32%)
TPLP 8.90 Decreased By ▼ -0.16 (-1.77%)
TREET 16.86 Decreased By ▼ -0.61 (-3.49%)
TRG 59.27 Decreased By ▼ -2.05 (-3.34%)
UNITY 27.51 Increased By ▲ 0.08 (0.29%)
WTL 1.42 Increased By ▲ 0.04 (2.9%)
BR100 10,637 Increased By 230.1 (2.21%)
BR30 31,867 Increased By 153.7 (0.48%)
KSE100 98,848 Increased By 1519.8 (1.56%)
KSE30 30,799 Increased By 606.5 (2.01%)
Business & Finance

Volkswagen adjusting production amid semiconductor shortage

  • Semiconductor manufacturers earlier in the coronavirus crisis shifted their output away from the hard-hit auto sector to serve other areas, like consumer electronics, Volkswagen said.
Published December 18, 2020

FRANKFURT: Germany’s Volkswagen said on Friday it faced a shortage in the supply of semiconductors and would adjust production at facilities in China, North America and Europe.

Semiconductor manufacturers earlier in the coronavirus crisis shifted their output away from the hard-hit auto sector to serve other areas, like consumer electronics, Volkswagen said.

But a recovery in the auto industry now means that Volkswagen is facing a bottleneck in supply.

Models affected include Volkswagen-branded autos and commercial vehicles, as well as Skoda, SEAT and Audi.

“We are now feeling the effects of the global semiconductor bottleneck,” said Murat Aksel, a designated board member overseeing purchasing.

Comments

Comments are closed.