close

World's biggest automakers suspend operations as chip supplies dry up

"Production is really vulnerable right now," Bloomberg Intelligence auto-industry analyst Tatsuo Yoshida said. "Any kind of abnormal occurrence causes parts to run out"

Chinese economy, automobile
Premium

Mitsubishi Motors Corp. is reducing domestic output of vehicles by 4,000-5,000 units in March and reviewing production plans for April.

Many of the world’s biggest automakers are suspending operations at their factories in Asia, Europe and North America due to a persistent shortage of semiconductors that was exacerbated by a

Also Read

Volkswagen says China car sales, production hit by chip supply shortage

Taiwan says asking firms to help ease global chip shortage for auto sector

Volkswagen returns to profit as global automobile markets recover

Hit by shortage, Volkswagen demands boost to Europe's chip sector

Volkswagen expects strong rebound in sales, deliveries in 2021

Wait for car models gets longer as chip shortage deepens in industry

Nissan India to increase vehicle prices for all models from April

JLR launches maiden electric offering Jaguar I-PACE in Indian market

Luxury carmaker Audi launches new version of S5 Sportback at Rs 79.06 lakh

Used car market sees a continued interest from buyers amid Covid-19

First Published: Mar 24 2021 | 12:31 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com