1083 days ago • Posted by Martin Boujol
VW raises sales forecast for 2021, but warns on growing chip shortage
Volkswagen AG raised its earnings outlook after a solid start in 2021, but they are also warning that the chip shortage might do even more damage in the second quarter than the first. They raised their operating return on sales forecast to 5.5%-7% this year from 5%-6.5%.
Source: Bloomberg
