Hyundai Motor expects first-half vehicle production to rebound
The worldwide semiconductor scarcity is projected to ease gradually from the second quarter onwards, according to Hyundai Motor Company, whi... | News Track
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The worldwide semiconductor scarcity is projected to ease gradually from the second quarter onwards, according to Hyundai Motor Company, whi... | News Track
As if it wasn’t already clear, the chip shortage isn’t going anywhere, and despite all the recent investments in production capacity, automakers out there are still struggling to find the necessary components for their vehicles.
The incentives include 25 per cent subsidy on capital expenditure for establishing semiconductor wafer fabrication units in the country.
The impact of the chip shortage on the automotive industry has been painful, to say the least, with carmakers out there forced not only to temporarily halt the production at their factories but also to launch vehicles without certain systems.
MUNICH—Whether buying computer chips directly from manufacturers, reconfiguring cars, or producing them with parts missing, automakers are having ...