Volkswagen 2021 Sales Just Below 9 Million Vehicles Due to Chip Shortage

Sales of the Volkswagen Group are expected to dip just below 9 million vehicles this year after production was hampered by semiconductor bottlenecks and shortages.

The carmaker is preparing for a worsening of the chip crisis which could last until at least the beginning of 2023, Manager Magazin reported, adding that they could sell around 8 million cars next year in the worst-case scenario.

“There will still be shortages all next year. And things won’t suddenly get better in 2023 either. We still have the worst ahead of us,” said Volkswagen labor head Daniela Cavallo.

In an earnings report published in October, the Volkswagen Group said that deliveries during the third quarter had dropped 24.4 percent from the year before due to semiconductor bottlenecks.

Even if the chip crisis eases, sales next year are still likely to stay below 2021 figures, according to Manager Magazin.

Among the group’s  brands — which include: Volkswagen, Audi, Porsche, Bentley and Skoda — the Volkswagen and Skoda brands would suffer the most, people familiar say.

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