For the chip crisis 14 million fewer cars in 3 years

The shortage of semiconductors will cause - according to analysts' estimates - a drop in car production in three years of over 14 million vehicles: 4.5 million this year, 8.5 million in 2022 with a queue of 1 million in 2023 It is a sword of Damocles on car suppliers, who are also committed to tackling the transition to electric. It emerged during the presentation of the Observatory on Italian automotive components, a survey carried out by the Turin Chamber of Commerce, the Anfia and the Center for Automotive and Mobility Innovation of the Management Department of the Ca 'Foscari University of Venice. Component companies - 2,203 with registered office in Italy, 2020 turnover down to 44.8 billion euros due to the epidemic, and 161,400 employees - also fear theincrease in the prices of raw materials (65.8%) and the slowdown in the economic situation in Europe (62.7%). However, the supply chain expects a year of recovery: more than two thirds of companies expect an increase in turnover, more than 55% estimate increases in internal orders, exports and employment. Meanwhile, almost one in two companies is positioning itself towards electric and hybrid powertrains. Among the challenges is that of the birth of Stellantis. Businesses do not give judgments, but among those who express themselves, 72% see it as an opportunity compared to 28% who perceive a risk for their business. Fears are stronger in Piedmont - a region that accounts for 33.5% of national companies and produces 35.8% of Italian turnover - where the percentage rises to 37%. The presence of the group on several markets is assessed from the perspective of opportunity,while fears focus on changes in supply volumes and on the changes that can derive from the shift in decision-making center of gravity. "The supply chain expects a recovery in 2021 - explains the president of the Turin Chamber of Commerce Dario Gallina - but it is essential that the vision of national industrial policy is put at the center of political action; entrepreneurs alone cannot do it to transform the crisis into opportunity ". "The shortage of semiconductors, which caused delays in the supply chain and deliveries of new cars, production losses as well as worsening costs, is destined to normalize only in 2023, putting in the spotlight a dependence on the Asian countries from which the European supply chain he will have to try to free himself "observes Marco Stella,president of the Anfia Components Group. "The industrial aggregation processes (Stellantis) and the awakening of industrial policy in Italy, also thanks to the Pnrr, pose challenging challenges for the Italian automotive supply chain but also unexpected opportunities", observes Francesco Zirpoli, scientific director of the Cami of the Management Department of the 'Ca' Foscari University.