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Between November 21-27, across Northern Ireland, police will be participating in the UK-wide Op Drive Insured campaign, which is supported by the Motor Insurers...
Production within the automotive industry continues to be stifled, as rubber stock shortages add to semiconductor chip supply issues that could see delays balloon out to years. While the car industry has had its eyes on the aforementioned semiconductor shortages which have plagued auto manufacturing since the start of 2021, market analysts are now predicting that the next material to become hot property will be rubber. The tradition of a just-in-time supply system has caught out auto makers and rubber componentry manufacturers alike – both are unable to keep up with 2021’s demand after ...
Automakers struggling with pandemic-induced plant shutdowns and a global chip shortage are now confronting another supply chain headache: dwindling rubber supplies. Snarled shipping lines are disrupting the movement of natural rubber, a key material used in tires as well as components under the hood. With the global supply already running short following stockpiling by China and a devastating leaf disease, rubber prices are on the rise and some U.S. auto suppliers are rushing to secure shipments before the market gets squeezed further. As companies in virtually every market grapple with short...
Rubber scarcity creates new headache for beleaguered automakers SECTIONS Last Updated: Apr 14, 2021, 10:09 AM IST Share Synopsis The rubber industry is dominated by smallholders, making it difficult for producers to adjust quickly as demand changes, prices fluctuate or supply chain problems emerge. iStock Snarled shipping lines are disrupting the movement of natural rubber, a key material used in tires as well as components under the hood. Automakers struggling with pandemic-induced plant shutdowns and a global chip shortage are now confronting another supply chain headache: dwindling rubber...