Hyperdrive
VW CEO Fears Chips Will Be in Short Supply for Years to Come
- Daimler chief says shortage may not be resolved until 2023
- Carmakers have been hit this quarter by shutdowns in Malaysia
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First, carmakers thought the worst of the chip shortage would be in the first half of the year. Then, it was the third quarter. Now, the heads of Germany’s automakers are pushing back even further their estimations of when the supply issue will stop constraining car production.