Volkswagen says gas supply stable this winter but could see shortages next year

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BERLIN (Reuters) - Volkswagen (ETR:VOWG_p) should be able to maintain production in the coming 5-6 months if Germany continues filling its reserves, but rising prices and instability in the supplier network present a risk to global production, an executive said on Thursday.

If deliveries from Russia through the Nord Stream 1 pipeline do not resume, the carmaker expects natural gas shortages from June of 2023, the executive, who declined to be named, added, citing a study from Goldman Sachs (NYSE:GS).

Planned short-term measures to protect from shortages in components include stocking up in warehouses and transport pipelines like ships and trains. Mid-term solutions could include relocating production to other regions.