--Volkswagen AG expects the semiconductor shortage to continue this year, German trade publication Automobilwoche reports, citing the German car maker's management board member responsible for its purchasing division.

--The volatile chip situation is going to affect the auto maker at least beyond the first six months of 2022, while the second half of the year should have a slight improvement, Murat Aksel says in an interview with Automobilwoche.

--It should be possible to make more reliable projections in 2023, when the capacities that semiconductor makers are building at the moment reach the market, Automobilwoche quotes the board member as saying.

 

Full story (in German): https://bit.ly/35OoTKx

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

February 07, 2022 07:20 ET (12:20 GMT)

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