FRANKFURT — Daimler and Volkswagen are slicing working hours at a few of their crops because the automakers proceed to undergo from a shortage of semiconductors that has already hampered manufacturing this 12 months.
Daimler is decreasing working hours this week at its German crops in Bremen and Rastatt, a spokeswoman stated, including that the scenario was unstable and it was not potential to make a forecast on the influence.
Volkswagen will reduce working hours at its Wolfsburg, Germany, manufacturing facility subsequent week, a spokesman stated.
CEO Herbert Diess final month stated Europe’s largest automaker was in “disaster mode” over the scarcity, including the influence of the scarcity would intensify and hit earnings within the second quarter, which ends in two weeks.
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