© Reuters. Workers work on the manufacturing line as carmaker Skoda Auto begins manufacturing of MEB battery methods in Mlada Boleslav, Czech Republic, Might 17, 2022. REUTERS/David W Cerny/Information

PRAGUE (Reuters) – Volkswagen’s (ETR:) Skoda Auto unit noticed international deliveries fall 16.7% in 2022 because of elements shortages, provide chain points and the warfare in Ukraine, nevertheless it expects an enchancment this yr, the Czech automaker stated on Wednesday. .

The automotive sector struggled globally final yr, hampered by element shortages, significantly for semiconductors, triggered by the COVID-19 outbreaks in Asia, and the impression of the Russia’s warfare towards Ukraine launched in February.

Skoda’s international deliveries fell to 731,300 automobiles in 2022, the steepest drop recorded in Russia the place they fell by 80%, he stated.

“The market scenario will stay tight in 2023, however we’re cautiously optimistic that the scenario will enhance within the coming months,” stated chief government Klaus Zellmer.

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