Home » today » Business » The global chip crisis is deepening. The world’s largest carmakers are suspending factories and sending employees home

The global chip crisis is deepening. The world’s largest carmakers are suspending factories and sending employees home

According to the quoted source, Ford Motor announced on Wednesday the temporary closure of its factory in Kansas, USA, where it produces the best-selling model, the F-150 truck, after the pandemic led to the reduction of chip production in Malaysia.

“Between August 23 and 30, the plant will be closed”, informed the second American car manufacturer, specifying that on Saturday an exchange will be given up, transmits Agerpres.-

Volkswagen, Europe’s largest carmaker, also warned on Thursday that it may have to cut back on factory activity due to a shortage of semiconductors. The German group hopes that the situation will improve by the end of the year and that it will be able to increase production in the second half of 2021.

The Japanese publication Nikkei announced on Thursday that Toyota Motor Corp will reduce global production by 40% next month, compared to the previous plan, also due to the chip deficit for the automotive industry.

Following the announcement, the shares of the world’s largest carmaker fell by 4.4% on the Tokyo Stock Exchange. It is the most severe decline since December 2018.

Toyota initially aimed to produce nearly 900,000 vehicles next month, but reduced the target to about 500,000 units, according to Nikkei. A representative of the Japanese company informed that the information published by Nikkei is being verified.

In the fiscal year ending March 31, 2022, Toyota aims to deliver 8.7 million vehicles globally.

Starting in September, Toyota would reduce production at its factories in Japan, North America, China and Europe, Nikkei claims.

Ford, the second largest car manufacturer in the USA, is also present on the Romanian market.

According to Reuters, the crisis facing manufacturers around the world is the result of a combination of factors.

“Automakers shut down factories for two months during last year’s COVID-19 pandemic and canceled chip orders. At the same time, the demand for chips has increased in the electronic equipment industry, as people have been forced to stay at home, which has led to increased sales of laptops and video game consoles, “the source said.

In Romania, the Dacia plant in Mioveni stopped production again, for three days, at the end of July, due to the lack of semiconductors. The last time the Dacia Plant sent its employees into technical unemployment was in April. Also in February and March it had five days without production, also due to the lack of electrical components.

German semiconductor maker Infineon announced earlier this month that its stocks are at their lowest level in history, estimating that the global chip supply deficit will widen by 2022.

At its Malaysian plant, which employs 8,000 people, Infineon was forced to suspend production for 20 days in June due to local quarantine measures. This closure has resulted in a shortage of between 400 and 500 million semiconductors.

In the automotive sector, the first market for Infineon, the demand for components is very strong, fueled by the boom in electric car sales. But carmakers have to compete with other large chip-consuming industries, such as personal computers, smartphones and connected objects, which capture much of the semiconductor supply.

Recently, the German group Daimler AG warned that the global semiconductor shortage will affect car sales in the second half of 2021. Daimler is among the major carmakers that have had to cut production in 2021 due to the crisis. chips for the automotive industry.

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