📊Executive Summary

Volkswagen has announced that due to the ongoing chip shortage, it will be removing certain features from its Atlas and Tiguan models. This decision is a direct response to the constrained availability of semiconductor components, which has been affecting the automotive industry significantly. The removal of features is intended to ensure that production can continue despite the supply chain challenges. This situation highlights the critical impact of semiconductor shortages on vehicle manufacturing and the need for automotive procurement teams to closely monitor component availability and adjust sourcing strategies accordingly....