INGOLSTADT, Germany — Audi dealers' current inventory woes may not abate until well into next year as the premium brand continues to struggle to secure enough microchips to keep its factories running, though the shortage in wire harnesses resulting from Russia's invasion of Ukraine has eased, a top brand executive said.
Oliver Hoffmann, head of technical development at Audi AG, discussed the production challenges during a press briefing on upcoming battery-electric and combustion-powered models.
Audi's U.S. dealers have been scraping by with few new vehicles to sell for much of the last year as supply shortages have hampered production at its factories in Germany and Mexico. Sales were down 35 percent in the first quarter to 35,505, and the inventory tracker on its audiusa.com website showed just less than 16,000 new vehicles in stock at its dealerships in the continental U.S. midweek.
Hoffmann did say, however, that wire harness s…