Manufacturers are slowing down production.
The reason - lack of chips
Poor forecast in view of the corona crisis, causing a shortage of computer chips among automakers.
The aforesaid inventory problem causes a large part of them to shut down production lines for hours, days and in other cases weeks.
The said shortage is hurting manufacturers from all over the globe.
The list includes Toyota, Volkswagen, Mercedes, Audi, Fiat, Ford, Honda, Nissan, Subaru and more.
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After a lame start and gloomy forecasts in 2020, many manufacturers have reduced the volume of their orders based on production forecasts.
At the end of that year, it turned out that the gloomy forecasts were too bleak, and that the state of the industry was relatively good.
Recent orders are experiencing difficulties on the part of suppliers.
Our car has quite a bit of computing power, and the essential chips are also competed by the telephone companies, personal computers, game consoles and more.
Compared to the growing demand, there are few manufacturers of silicon needed for the chips sought.
The momentum recorded in the consumption of parallel devices, thanks in part to the Corona, makes it very difficult for automakers.
Manufacturers in response, slow down the pace of production.
Sometimes shuts down for a period of long days, workers and machines, waiting for the requested components.
Various reports indicate that there is a large shortage of supply, with shipments likely to be delayed for months.
Which should add up and make it harder for car production over the current year.