Connected Car
VW now expects full-year deliveries in a range between 9 million and 9.5 million vehicles, instead of the around 9.5 million units previously forecast. Supplies of key components such as semiconductors have improved but transport and logistics delays weighed on the first half, VW said. It expects significantly shorter waiting times in the second half and said demand was stable with order books full at 1.65 million vehicles. VW still aims to hit full-year net cash flow of between 6 billion and 8 billion euros. "We need to achieve the first results of these programs in the second half of 2023 to make us more resilient."