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China car sales, production hit by chip supply shortage, says Volkswagen

China car sales, production hit by chip supply shortage, says Volkswagen Other carmakers including Ford, Toyota and Nissan have said that they would cut vehicle production this month Reuters | January 20, 2021 | Updated 12:15 IST German Automaker car making firm Volkswagen German automaker Volkswagen AG lost sales of tens of thousands of cars in China as a global chip supply shortage impacted its production in December, the head of its China operations, Stephan Wollenstein, said on Wednesday. Volkswagen is the biggest foreign automaker in China, the world s biggest car market. Global automakers including Ford Motor Co, Toyota Motor Corp and Nissan Motor Co Ltd have said they would cut vehicle production this month due to a shortage of semiconductors.

China s 2020 auto sales fall for third year amid coronavirus

China s 2020 auto sales fall for third year amid coronavirus Premium FILE PHOTO: Even before the coronavirus hit, demand was hurt by consumer unease about possible job losses due to a slowing economy (REUTERS) . Updated: 13 Jan 2021, 07:08 PM IST AP Sales declined 6% compared with 2019 to 20.2 million, according to the China Association of Automobile Manufacturers. Sales of commercial vehicles rose 18.7% to 5.1 million Share Via Read Full Story BEIJING: China’s sales of SUVs, minivans and sedans fell for a third year in 2020 as the coronavirus hurt already weak demand in the industry’s top global market, an industry group reported Wednesday. Sales declined 6% compared with 2019 to 20.2 million, according to the China Association of Automobile Manufacturers. Sales of commercial vehicles rose 18.7% to 5.1 million.

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