DBottlenecks in the global supply chain are causing problems for the automotive industry. With the increase in sales, turnover and profit data, the industry has emerged from the trough of the new crown crisis. The number of registrations in important markets is also increasing, so that in some cases it even exceeds the level of business in 2019. But the situation remains tense. Because of the lack of parts: from semiconductors to adhesives.
Hundreds of thousands of cars cannot be manufactured and orders cannot be processed on time. This is reflected in revenue.Industry leader Toyota Motors just announced a production cut. For Volkswagen, which ranks second in the industry, shortages continue to have serious consequences. Although the work of the eastern German factory specializing in the production of electric vehicles will continue as planned in the coming week, the production of the Volkswagen Wolfsburg main plant can only be restarted within a limited range after the summer vacation. In the Audi subsidiaries in Ingolstadt and Neckarsulm, due to the lack of semiconductors and other components, about 10,000 employees had to extend their summer vacation and engage in short-term work.
“We Drive”
exist Mercedes In Stuttgart, people said to the current situation: “We drive at first sight.” Individual factories will order short-term work within a short period of time. This week, Mercedes’ plant in Bremen was only partially used, and from this Friday, Rastatt’s production will slow down. The workforce in Sindelfingen did a two-day short-term job this week, where the high-priced luxury cars are assembled.
6.30 am on weekdays
The so-called Factory 56 is not affected. EQS comes from this highly automated factory and will always find suitable chips for this luxury electric car. Mercedes’ strategy is to minimize the suspension of models with particularly high profit margins.The fact that cheaper models have longer lead times is acceptable, as is the case with Daimler’s CEO Ola Kelenius Said recently.
However, these days, everyone’s eyes are focused on Toyota. If the market leader had only been injured a little in the crisis, he shocked many investors on the stock exchange with his warning on Thursday. The world’s largest automaker announced that it will cut its global production by 40% in September, or approximately 360,000 vehicles.Toyota’s board of directors cited the lack of auto parts as the reason because of the spread of the novel coronavirus In Southeast Asia, it has caused production losses. In addition, the global semiconductor shortage has gradually made Toyota feel. On the Tokyo Stock Exchange, Toyota and its affiliates registered the news at a discount. The price of the stock fell by 4.4%.
