Volkswagen looks to claim damages from suppliers over chip shortages: magazine


BERLIN (Reuters) – German car manufacturer Volkswagen is looking into possible claims for damages against its suppliers Bosch and Continental due to a lack of semiconductors, Automobilwoche magazine reported on Sunday.
Automakers around the world are shutting assembly lines due to problems in the delivery of semiconductors, which in some cases have been exacerbated by the former Trump administration’s actions against key Chinese chip factories.
The shortage has affected Volkswagen, Ford Motor Co, Subaru Corp, Toyota Motor Corp, Nissan Motor Co Ltd, Fiat Chrysler Automobiles and other car makers.
Citing people familiar with the matter, Automobilwoche reported that Volkswagen was in talks with alternative suppliers of semiconductors but there were concerns this could lead to higher prices.
Volkswagen wants to make sure that both Bosch and Continental share …

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