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Supply Chains

VW’s Skoda to Produce 250,000 Fewer Cars Due to Chip Shortage

New Skoda hybrid automobiles at the Skoda Auto AS factory, in Kvasiny, Czech Republic.

New Skoda hybrid automobiles at the Skoda Auto AS factory, in Kvasiny, Czech Republic.

Photographer: Milan Jaros/Bloomberg
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Volkswagen AG’s Skoda unit will produce 250,000 fewer cars than planned this year due to the global chip shortage, Automobilwoche magazine reported, more than double the number that the company estimated last month.