FRANKFURT Reuters - Volkswagen, which is suffering from an ongoing shortage of automotive chips, will reduce working hours at its main German factory in Wolfsburg until middle of October, it said on Wednesday.
The shorter working hours affect the first two weeks of October, the company said, adding that on 1 Oct. only one assembly line will be running at the plant, located in the carmaker's headquarters.
Carmakers around the world have had to reduce production in the wake of the shortage, which VW said cost it a high six-digit number in lost vehicle production in the first half of the year.
Volkswagen is due to report in third quarter results on Oct. 28, 2018.