Hannover Messi trade fair chief executive Herbert Dias said demand is increasing in the United States, Brazil and China
Volkswagen: President hopes to resume (Imlda Medina / Reuters)
lack of Semiconductors The weight of global recovery of the automotive sector is the only factor in the crisis caused by coronovirus, said Herbert Dias, Chief Executive Officer Volkswagen This thursday.
Demand is increasing in the United States, Brazil and China, Dias said at the Hannover Mess trade fair, noting that the world’s second-largest automaker is also operating in Europe with large order intake.
“The only thing that is currently limited and slowing this recovery is the critical supply conditions for different types of semiconductors around the world,” Dias said.
The day after the comment, Ford installed another series of plant closures due to the shortage, affecting five facilities in the United States and one in Turkey.
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Henry Lawson is a contributor at Sproutwired.com, covering a wide range of topics including news, politics, business, technology, sport, entertainment and lifestyle. He focuses on delivering clear, accurate and reader-friendly reporting that helps audiences stay informed about current affairs and important developments. With an emphasis on useful information and balanced coverage, Henry aims to highlight stories that matter most to readers, providing context and insight in a straightforward and accessible way.
