Volkswagen 2021 sales to be just below 9 mln vehicles – Manager Magazin

Thu Dec 16 2021
Mark Cooper (3174 articles)
Volkswagen 2021 sales to be just below 9 mln vehicles – Manager Magazin

Volkswagen sales are expected to reach just below 9 million vehicles this year as semiconductor bottlenecks weigh on production, Manager Magazin reported on Thursday, citing people familiar with the matter.

The carmaker is preparing for an exacerbation of the current chips shortage which could last until at least the beginning of 2023, Manager Magazin said, adding that the company could sell around 8 million cars next year in the worst-case scenario.

Even the situation improves, Volkswagen sales next year will probably be a little below 2021 figures, the magazine added.

Mark Cooper

Mark Cooper

Mark Cooper is Political / Stock Market Correspondent. He has been covering Global Stock Markets for more than 6 years.