Sunday, April 24, 2022

Trumpy’s trade war on China hits auto industry

Why the heck is there still a chip shortage for cars? CB: Trumpy's trade war on China has caused a serious problem in the auto industry for two years

The chip shortage is still impacting the automotive industry in 2022, though the good news is this problem is expected to get better as the year goes on.

https://www.cnet.com/roadshow/news/features/automotive-cars-computer-chip-shortage-2022/

"Aside from the devastating human toll, COVID-19 has dramatically changed how we live, from travel and education to the way people work. This pandemic has also had an outsized -- and unfortunate -- impact on the automotive industry, snarling supply chains around the world and severely hampering vehicle production. But perhaps nothing has kneecapped car companies more than the ongoing semiconductor shortage, which is still a huge problem two years after the coronavirus went global.

For myriad important reasons, "The chip shortage is still very much a problem," said Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions. "This is not a quickly solvable issue."

Automakers large and small are still being affected by an acute lack of semiconductors, tiny components that are absolutely necessary, even in the most basic cars and trucks. Everything from advanced driver-assistance features to infotainment systems to heated steering wheels are powered by some sort of computer chip, and that's only going to accelerate in future as vehicles get more and more complex.

No comments:

Post a Comment