Hyperdrive
VW, Stellantis Chime Into Chip Optimism With U.S. Peers
- Shortage seen easing in coming weeks, into next year
- Chipmaker Samsung warns of yet more painful quarters ahead
VW faces a backlog of more than 130,000 orders for their Golf models
Photographer: Christopher Dilts/BloombergThis article is for subscribers only.
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Europe’s biggest automakers Volkswagen AG and Stellantis NV joined U.S. competitors in voicing optimism that the severe semiconductor shortage decimating production may have peaked.