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Daimler CEO says carmakers could face chip shortage into 2023

"Several chip suppliers have been referring to structural problems with demand," Ola Källenius told reporters during a roundtable event ahead of the Munich IAA car show

Topics
Daimler | semiconductor | Luxury carmakers

Reuters  |  MUNICH 

By Ilona Wissenbach and Nick Carey MUNICH (Reuters) - Soaring demand for semiconductor chips means the auto industry could struggle to source enough of them throughout next year and into 2023, though the shortage should be less severe by then, Daimler AG's CEO said on Sunday. Carmakers, forced by the COVID-19 pandemic to shut down plants last year, face stiff competition from the sprawling consumer electronics industry for chip deliveries, hit by a series of supply chain disruptions during the pandemic. Cars have become increasingly dependent on chips - for everything from ...

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First Published: Mon, September 06 2021. 01:58 IST