Finance
Volkswagen has secured chip supply for now, brand boss says
Published by Global Banking & Finance Review®
Posted on November 18, 2025
1 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on November 18, 2025
1 min readLast updated: January 20, 2026
Volkswagen has secured its chip supply, easing production concerns while other automakers struggle with shortages due to trade disputes.
BERLIN (Reuters) -Volkswagen has secured sufficient chips for its production, the head of the carmaker's VW brand said on Tuesday, as other automotive firms still struggle with a supply shortage triggered by a trade dispute over manufacturer Nexperia.
Thomas Schaefer, head of the Volkswagen brand and member of the carmaker's management board, said that Europe's largest automaker had learned a lot from the chip crisis following the COVID-19 pandemic.
"We're secure at present," he said on the sidelines of an industry event when asked about the current shortage of Nexperia chips.
(Reporting by Rachel More; Writing by Christoph Steitz; Editing by Jan Harvey)
Supply chain management involves overseeing the flow of goods and services from suppliers to customers. It includes the management of raw materials, production, and distribution processes.
The COVID-19 pandemic caused significant disruptions in the automotive industry, leading to supply shortages, particularly in semiconductor chips, which are crucial for vehicle production.
A trade dispute occurs when countries or companies have disagreements regarding trade policies, tariffs, or other trade-related issues. This can impact supply chains and production capabilities.
A management board is responsible for overseeing the operations and strategic direction of a company. It typically includes senior executives who make key decisions affecting the organization.
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