GLOBALink | NEVs draw wide attention at Auto Shanghai 2021 shanghaisun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghaisun.com Daily Mail and Mail on Sunday newspapers.
Chip Shortage: Subaru Shutting Down SIA Through April
Today’s update on the global semiconductor shortage involves Subaru, which recently announced that it would be suspending production at its plant in Indiana. Lafayette’s Subaru of Indiana Automotive (SIA) will be idled through the end of April while the automaker waits for suppliers to catch up. It’s a situation we’ve seen numerous manufacturers forced into this year, with Ford arguably being the most relevant for the North American market.Â
Those wishing for relief are in for a disappointment, too. Despite earlier assurances that the semiconductor shortage would ease over the summer, the likelihood of the industry’s chip-related hardships now looms larger than ever. Numerous industry groups are speculating that chips will be difficult to come by (especially in Western countries) through the end of the year, with the China Association of Automobile Manufacturers (CAAM) recently predicted that the shortage wou
New SUV models star at China auto show under virus controls jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.
Chip shortage turns into wake-up call By LI FUSHENG | China Daily | Updated: 2021-04-19 09:34 Share CLOSE A technician works at the workshop of the carmaking-related chip production company in Qinhuangdao, Hebei province. [Photo/Xinhua]
The current chip crisis sweeping the global auto industry is estimated to alleviate in the months to come, but carmakers in China are busy bracing themselves to prevent a similar scenario in the future. For, vehicles are becoming computers on wheels.
The chip crunch first began to bite in late 2020. It was triggered primarily by surging demand for consumer electronics to use at home, and the unexpected rise in car sales to avoid public transport during the acute phase of the COVID-19 pandemic.
Car industry executives are being rattled by a global shortage of semiconductors which is hitting production in China, after hoping the world’s biggest car market could spearhead global recovery in the sector.
Automakers around the world have had to adjust assembly lines due to the shortages, caused by manufacturing delays that some semiconductor makers blame on a faster-than-expected recovery from the coronavirus pandemic.
Volkswagen AG, China’s biggest foreign automaker which wants to sell more than four million vehicles in the country, said the effect of the shortage remains unabated in the second quarter this year.
Stephan Woellenstein, Volkswagen’s China chief, told reporters on Sunday it was hard to gauge how much production Volkswagen might lose week-to-week or even month-to-month because of the chip shortage.