Chip shortage: Skoda reduces production

Due to the chip shortage, Volkswagen’s Czech subsidiary Skoda will also cut its production. „Skoda will produce 250,000 fewer cars this year,“ said Jaroslav Povsik, head of the works council. Many shifts would be canceled. Currently, Skoda has a high number of unfinished cars in stock, he said. Therefore, the manufacturer is concentrating on completing these vehicles for the time being.