Volkswagen looks to claim damages from suppliers over chip shortages: magazine

  • 📰 Reuters
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

German car manufacturer Volkswagen is looking into possible claims for damages against its suppliers Bosch and Continental due to a lack of semiconductors, Automobilwoche magazine reported on Sunday.

Automakers around the world are shutting assembly lines due to problems in the delivery of semiconductors, which in some cases have been exacerbated by the former Trump administration’s actions against key Chinese chip factories.

Citing people familiar with the matter, Automobilwoche reported that Volkswagen was in talks with alternative suppliers of semiconductors but there were concerns this could lead to higher prices. Contacted by Reuters, a Volkswagen spokesman declined to comment, and Bosch and Continental did not immediately respond to requests for comment.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Das Auto

And what about Dieselgate claims in countries where they didn’t pay the customers?.

How are things with the capitol now?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Volkswagen points finger at suppliers over car chip shortageVolkswagen said bad planning on the part of its suppliers has compounded a computer chip shortage blighting the global auto industry, claiming it gave ample notice that the coronavirus' hit to car production would be limited. Typisches Konkurrenzverhalten was VW in letzter Zeit mit Tesla praktiziert.Sie hätten früher reagieren müssen. Germany, how could you ? Who are their chip suppliers
Source: Reuters - 🏆 2. / 97 Read more »

Volkswagen warns of worsening output hit from chip shortage -FTVolkswagen AG (VOWG_p.DE) has warned managers to prepare for a bigger production hit in the second quarter than the first due to a global chip shortage, the Financial Times reported on Saturday.
Source: Reuters - 🏆 2. / 97 Read more »

Renesas keeps advanced chip plant closed Monday for quake damage checksRenesas Electronics, a key supplier of automotive semiconductors, said its most advanced chip plant remained closed on Monday as it checked for damage from a quake that struck northeast Japan on Saturday. Starting to think your photos are sourced by a poorly-tuned A.I. RenesasGlobal I'm sorry, hope you guys are okay. Thanks again for technest Yikes.
Source: Reuters - 🏆 2. / 97 Read more »

The global chip shortage is starting to have major real-world consequencesThe severity of the global chip shortage has gone up a notch over the last few weeks and it's now looking as though millions of people will be impacted. Is it possible to find a good guy on Twitter? Darn, I have all this sour cream and onion dip! Couldn't agree more with Sam_L_Shead.
Source: CNBC - 🏆 12. / 72 Read more »

One chipmaker stock could have a nearly 70% rally amid the semis shortage, trader saysOne chipmaker stock could have a nearly 70% rally amid the semis shortage, trader says (via TradingNation) TradingNation how come no one is talking about $THBR new semiconductor stock .... 2 Billion in back log that was before the shortage TradingNation 𝗚𝗼𝗼𝗱 𝘄𝗼𝗿𝗸𝘀 𝗱𝗲𝘀𝗲𝗿𝘃𝗲𝘀 𝗮 𝗴𝗼𝗼𝗱 𝗿𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗲𝗹𝗮𝘁𝗶𝗼𝗻, 𝗜 𝗵𝗮𝘃𝗲 𝗲𝗮𝗿𝗻𝗲𝗱 𝗮 𝗹𝗼𝘁 𝘄𝗶𝘁𝗵 𝗷𝘂𝘀𝘁 𝗮 𝘀𝘁𝗮𝗿𝘁 𝘂𝗽 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗼𝗳 $𝟭𝟬𝟬𝟬 𝗶𝗻 𝗮 𝘁𝗶𝗺𝗲 𝗳𝗿𝗮𝗺𝗲 𝗼𝗳 𝟱𝗱𝗮𝘆𝘀 𝘄𝗶𝘁𝗵 markdonaldAmeli
Source: CNBC - 🏆 12. / 72 Read more »