Audi CEO Acknowledges Sales Woes, Calls Global Chip Shortage a ‘Perfect Storm’

Despite being the VW Group’s biggest profit contributor, Audi has found itself having to troubleshoot on a day-to-day basis in order to tackle the ongoing global chip shortage, as per its chief executive, who understands that a lot of things had to go wrong for the situation to become what it is. “We had a very strong first half in 2021. We do expect a much weaker second half. We really have trouble,&rdqu... (continue reading...)