The Czech car brand SKODA, a subsidiary of Volkswagen, is able to build 100,000 fewer cars this year due to the global shortage of computer chips in the automotive industry. That’s what Skoda CEO Thomas Schäfer said to the newspaper Augsburger Allgemeine.

“The chip shortage hurts a lot, because the demand for our cars is very high,” says Schäfer. Last year, SKODA built about 940,000 cars.

Schäfer believes that the situation around the chip shortage will relax slightly in the coming weeks, as production in Malaysia increases again. That country is a major supplier of chips to the automotive industry. It hopes that further improvement will occur next year.

Parent company Volkswagen has already had to interrupt production at factories on a regular basis because of chip shortages. Other car manufacturers such as Toyota, General Motors (GM), Daimler and Jaguar Land Rover also had to stop production.

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