Volkswagen's Skoda Stops Production at Czech Sites Due to Chip Shortage
16 September 2021 - 5:01PM
Dow Jones News
By Kim Richters
Volkswagen AG's Czech car maker Skoda said Thursday that it will
stop production at two local plants for one week due to
semiconductor shortages.
"Recent COVID-19 outbreaks in Asia, for example in Malaysia, are
forcing semiconductor manufacturers to close their factories again.
This has resulted in industry-wide adjustments to car production,
and SKODA AUTO is also affected," the company said.
The auto maker said it will halt production lines at plants in
Mlada Boleslav and Kvasiny in calendar week 39, which will lead to
some vehicles being delivered late to customers.
"However, we expect that semiconductor production will gradually
be ramped up again in the fourth quarter. As a result, we expect
the overall supply situation to ease by the end of the year," Skoda
said.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
September 16, 2021 10:46 ET (14:46 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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