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CCTV: Chips are out of stock, and many car companies have stopped production of more than 4.5 million vehicles!

Posted on: 02/27/2022

The world’s major car companies have thought that they will stop production for various reasons, but they certainly did not expect that they would stop production due to lack of automotive chips, and the scale of the shutdown is huge, including major car giants.

A few days ago, CCTV Finance reported that due to the impact of the epidemic, there has been a shortage in the international chip market, not only the mobile phone industry, but also the automotive industry. Many auto companies such as Volkswagen, Ford, and Toyota have to take measures such as cutting production and reducing production to deal with the crisis.

  

In addition, in order to ensure higher interests, many car companies have made the decision to abandon the car and protect the handsome. Daimler will give priority to the limited supply of chips to the production of Mercedes-Benz S-Class (parameters | pictures) and other models, so as to bring higher profit margins.

The Volkswagen Group has also taken similar measures to deal with the chip shortage, ensuring that the chips can be preferentially supplied to Porsche’s models and Skoda’s new pure electric SUV models.

The US-based Bernstein Research predicts that a global shortage of automotive chips in 2021 will result in a loss of as many as 4.5 million vehicles, equivalent to nearly 5% of the world’s annual car production.

The forced shutdown of such a scale is undoubtedly a huge loss for car companies, and this move is bound to lead car companies to take different countermeasures.

Media reports have previously reported that Volkswagen is considering filing claims for damages with its suppliers Bosch and Continental due to a shortage of semiconductor chips.

For consumers, chip shortages can also affect their car-buying plans. At present, many 4S stores of joint venture brands in the domestic market have stated that due to the shortage of chips, the supply of existing cars from manufacturers is limited, and some models need to wait for a car after ordering a car.

Seeing such a situation, some netizens also joked that this is also the rhythm of increasing prices. However, what is certain is that due to the limited production capacity of existing vehicles, the terminal preferential margin of some models will definitely be adjusted. For those “sacred cars” with price increases, the price increase may hit a new high again.

 

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