By Kim Richters

 

Volkswagen AG's namesake brand will temporarily stop accepting orders in Germany for plug-in hybrid models due to the shortage of semiconductors.

The German car maker is seeing strong demand for these vehicles, which leads to a high order backlog, a spokesman said on Tuesday. Due to the demand in combination with the restricted supply of semiconductors, Volkswagen is unable to accept further orders in Germany to avoid having to extend delivery times, he said.

German business daily Handelsblatt first reported the order stop, citing chip-supply problems, effects from the war in Ukraine and uncertainty about future incentives for hybrid cars.

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

March 08, 2022 09:16 ET (14:16 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
Volkswagen (XE:VOW)
Gráfico Histórico do Ativo
De Nov 2022 até Dez 2022 Click aqui para mais gráficos Volkswagen.
Volkswagen (XE:VOW)
Gráfico Histórico do Ativo
De Dez 2021 até Dez 2022 Click aqui para mais gráficos Volkswagen.