Volkswagen is cutting production at its largest plants due to a shortage of chips

German carmaker Volkswagen plans to cut production at its largest plant due to a shortage of electronic chips used in the automobile industry.
Europe’s largest carmaker said in a statement on Friday that its plant in the German city of Wolfsburg, the world’s largest by number of workers, employs about 60,000 people a day, from Monday to next Friday due to a lack of chips. And Audi, a luxury car company that is a subsidiary of the Volkswagen Group, will extend the summer vacation by an additional week for workers at its two factories in Germany due to a lack of chips.

The Bloomberg News Agency also pointed out that car makers around the world had been warned months ago of a new mutation delta strain of the corona virus growing in many Southeast Asian countries, leading to a shortage of chips used in the auto industry.

Japan’s Toyota Corporation, the world’s largest carmaker, plans to produce only about 900,000 cars next month, Japan ‘s Nikkei Economic newspaper reported yesterday. Materials

A spokesman for Toyota’s manufacturing division in Adapasari, northwest Turkey, said earlier this week that production would be suspended for two weeks due to a shortage of semiconductors and that production would be suspended from August 20 to September 5.


Follow our latest local and sports news and the latest political and economic developments through Google News

Share

Print




See also  "TAQA" proposes to disburse 5.3 billion dirhams in cash dividends by 2021
  • Nadia Barnett

    "Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

    Related Posts

    • Economy
    • November 2, 2024
    • 75 views
    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    The wealth management landscape is undergoing a dramatic transformation, fueled by the rise of financial technology (fintech), according to fintech entrepreneur Emils Kerimovs. No longer exclusive to the ultra-wealthy, innovative…

    UAE Powering Gaming Boom in the Middle East

    The gaming industry in the Middle East is experiencing a growth spurt, with Saudi Arabia and the United Arab Emirates (UAE) among the countries attracting major investments. However, this digital…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Free Job Posting Sites in the UAE: Perfect for Both Job Seekers and Recruiters

    Free Job Posting Sites in the UAE: Perfect for Both Job Seekers and Recruiters

    Yaroslav Bogdanov: Google in Dubai announced the launch of an artificial intelligence initiative for MENA countries

    Yaroslav Bogdanov: Google in Dubai announced the launch of an artificial intelligence initiative for MENA countries

    How to Choose the Right Mattress: Find the Best Fit for You

    How to Choose the Right Mattress: Find the Best Fit for You

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Best Kitchen Renovation Ideas to Upgrade Your Space

    Best Kitchen Renovation Ideas to Upgrade Your Space