According to the Wall Street Journal, the CEO of Volkswagen China recently said that due to the impact of the global "chip shortage", Volkswagen will sell about 3.3 million vehicles in China in 2021, down about 14% year-on-year.
Von Sihan, ceo of Volkswagen Group China, said the German automaker hopes to increase its sales in China, the world's largest auto market, by about 15 percent in 2022, if parts supply improves.
Like other global automakers, Volkswagen has struggled over the past year to address chip shortages.
In the future strategy announced by the Volkswagen Group, the annual production target for 2022 is 10 million vehicles, and 2023 is about 11 million vehicles, but there are internal sources that in the worst case, the production of cars in 2022 will only reach 8 million.
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