Pursuits
Volkswagen, BMW Feel Pinch From Struggling Suppliers
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Volkswagen AG, Porsche SE and Bayerische Motoren Werke AG are feeling the pinch of tight component supplies as parts-makers struggle to keep pace with resurgent vehicle demand.
Volkswagen, Europe’s biggest automaker, will halt production at its main factory in Wolfsburg, Germany, on Jan. 31, because of a shortage of engines and other parts. BMW, the world’s biggest luxury-car maker, Porsche and Daimler AG’s Mercedes-Benz also said supply constraints leave them with little wiggle room.