FILE PHOTO: Volkswagen group CEO Herbert Diess delivers a speech during a visit to the SEAT (Volkswagen group) carmaker's factory in Martorell, near Barcelona, March 5, 2021. REUTERS/Albert Gea/File Photo
FRANKFURT (Reuters) - An ongoing shortage of crucial semiconductors is the only factor weighing on a global recovery of the car sector from the coronavirus crisis, Herbert Diess, chief executive of Volkswagen AG, said on Thursday.
Demand is picking up in the United States, Brazil and China, Diess said at the Hannover Messe trade fair, adding the world's second-largest carmaker was also working through high order intake in Europe.
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