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Auto semiconductor shortage expected to ease in late spring
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Auto manufacturing down 5% to 8% in China due to chip shortage
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Auto manufacturing down 5% to 8% in China due to chip shortage
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Auto manufacturing down 5% to 8% in China due to chip shortage
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Car production in China hit due to global chip shortage ANI | Updated: Apr 20, 2021 17:53 IST
Beijing [China], April 20 (ANI): Amid the global shortage of semiconductors, production in China s car industry has slowed down, dashing the Chinese car market s hope to spearhead global recovery in the sector.
World s biggest automakers including Nissan Motor, Ford Motor and Nio Inc said they have cut production due to the chip supply shortage, Al Jazeera reported, adding that they had to adjust assembly lines due to the shortages.
Volkswagen AG, China s biggest foreign automaker said the effect of the shortage remains unabated in the second quarter of this year.