Tag: chip shortage

Process, Production

GM Misses Profit Estimates as Chip Shortage Crimps Output

July 26, 2022

Via: Transport Topics

General Motors Co. reported weaker second-quarter profit than analysts’ estimates as semiconductor shortages kept production volumes in check. The automaker also warned it is bracing for tougher times ahead. Noting “concerns about economic conditions,” CEO Mary Barra said in a […]

Process, Production

6 Implications of the Chip Shortage for Auto Manufacturing

May 23, 2022

Via: Manufacturing Tomorrow

The past few years have proved challenging for the auto manufacturing industry. Automakers faced a slew of obstacles amid the COVID-19 pandemic, but few were as far-reaching and disruptive as the chip shortage. Median semiconductor inventories fell from 40 days […]

Industry Focus Areas, Motorized Vehicle

Electric Vehicles Drive Growth for China Car Sales

January 11, 2022

Via: The Wall Street Journal

China’s car market snapped a three-year decline last year, helped by strong sales of electric vehicles, though the global chip shortage and Covid-19 outbreaks in the country disrupted some production. Sales of passenger cars in 2021 rose 4.4% from a […]


Chip Shortage Creates New Power Players

November 8, 2021

Via: The New York Times

Since 1989, Microchip Technology has operated in an unglamorous backwater of the electronics industry, making chips called microcontrollers that add computing power to cars, industrial equipment and many other products. Now a global chip shortage has elevated the company’s profile. […]

Industry Focus Areas, Motorized Vehicle, News

Toyota, Hurt by Chip Shortage, Shuts Factories

August 19, 2021

Via: The Wall Street Journal

The global semiconductor shortage has finally started to bite at Toyota Motor Corp., highlighting how a resurgence in Covid-19 infections from the Delta variant is now stifling chip manufacturing in Southeast Asia, worsening a parts crisis for car companies. Japan’s […]

Industry Focus Areas, Motorized Vehicle

Toyota Defies Chip Shortage to Post Record Output, Sales

July 29, 2021

Via: Transport Topics

Strong global demand for cars boosted Toyota Motor Corp.’s sales to a record for the month of June, with production seemingly unfazed by an industrywide shortage of semiconductors. Toyota’s unit sales in June rose 20% from a year earlier to […]

Process, Production

Factory Output Dips 0.1% in June on Auto Chip Shortage

July 16, 2021

Via: Transport Topics

U.S. factory output slid last month as a shortage of computer chips disrupted auto production. Manufacturing production dipped 0.1% in June — the third drop in five months, the Federal Reserve reported July 15. Overall, industrial production — including output […]


China Bill to Include $52 Billion for U.S. Chip Manufacturing

May 18, 2021

Via: Transport Topics

The Senate will include $52 billion to bolster domestic semiconductor manufacturing in a broader bill to enhance U.S. competitiveness with China, Senate Majority Leader Chuck Schumer said. Schumer called it “a historic and immediate infusion of federal money” to restore […]

Industry Focus Areas, Motorized Vehicle

Nissan to make half a million fewer cars in 2021 due to chip shortage

May 13, 2021


Japanese car maker Nissan is planning to make half a million fewer vehicles in 2021 as the global chip shortage continues to wreak havoc on the automotive industry. Nissan Chief Executive Makoto Uchida told CNBC’s “Squawk Box Europe” on Thursday […]

Industry Focus Areas, Motorized Vehicle

VW Raises Full-Year Outlook, Warns of Growing Chip Shortage

May 6, 2021

Via: Transport Topics

Volkswagen AG raised its earnings outlook after a strong start to the year, while cautioning that the semiconductor shortage rippling through the industry will become more pronounced in the second quarter. Operating return on sales is forecast at 5.5% to […]

Industry Focus Areas, Motorized Vehicle

Jaguar Land Rover, Daimler production scaled back due to global chip shortage

April 22, 2021


LONDON – The global chip shortage is continuing to wreak havoc at some of the world’s biggest carmakers. Britain’s Jaguar Land Rover announced Thursday that it has been forced to stop car production for a “limited period” at its Castle […]

Industry Focus Areas, Motorized Vehicle, Regulations

Biden meets today with executives on chip shortage as U.S. auto industry feels the pain

April 12, 2021


Clarence E. Brown has experienced union strikes, plant shutdowns and layoffs due to parts shortages during his 47 years working for General Motors. But Brown, president of a United Auto Workers local chapter in Kansas, describes the ongoing semiconductor chip […]

Industry Focus Areas, Motorized Vehicle

Chip shortage causes more disruptions in auto production, but trader has a hedge play

April 9, 2021


General Motors announced a halt in production at several North American plants and Ford announced additional downtime at two plants, the latest disruptions to the auto supply chain because of a chip shortage. Shares for GM were down 1% on […]

Industry Focus Areas, Motorized Vehicle, Process, Production

Hyundai faces production disruption from April due to chip shortage, report says

March 24, 2021

Via: Automotive News

SEOUL — A widespread chip shortage affecting automakers is expected to disrupt production at Hyundai Motor Co. from April, the Financial Times reported on Wednesday, citing a person with direct knowledge of the situation. Hyundai had been able to avoid […]