Concern is growing at Volkswagen. Between the microchip and semiconductor crisis and the conflict in Ukraine, the German group is preparing to review your forecasts of growth in view of this 2022. This was also admitted by Herbert Diess, the CEO of the VW Group, who also warned of the probability that the commodity markets will remain volatile until 2026. Therefore, the optimism of the estimates that Volkswagen would otherwise have had under normal circumstances disappears, also given the greater resilience acquired during the pandemic.
“The war in Ukraine has challenged our current perspectives“, the few but clear words of Diess reported by Autonews. Recall that in 2021 the VW Group delivered 2 million fewer cars than planned due to the shortage of semiconductors: although a marked improvement in the situation is expected in this respect, there could still be a brake on growth. A brake caused precisely by the conflict between Russia and Ukraine, given that several suppliers of the German group work in this country, forced to stop their business due to the ongoing war. The consequence is that brands like Volkswagen, Audi, Porsche and Skoda have been forced to slow down production due to the absence of components, primarily wiring, coming from Ukraine. Finally, it remains to be seen to what extent the sanctions that Europe is tightening against Russia will affect the VW Group: the forecasts are not good.
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