April 16, 2021

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Alabama Newscenter — Alabama Automakers Managing Chip Shortages as Some North American Plants Make Cuts

1 min read

The complete article can be found at AlabamaNewsCenter.com.

By Skylar Woodhouse
Bloomberg

Alabama automakers are managing the worsening global shortage of semiconductors even as U.S. automakers are expanding production cuts at some North American plants.

Chips for use in cars and trucks have been harder to come by as semiconductor-makers have allocated more capacity to consumer products. The pandemic has caused a surge in orders for smartphones, TVs and computers as people try to make extended life at home more bearable, leaving less capacity for a stronger-than-expected rebound in vehicle demand. Consultant AlixPartners said the global chip shortage could cost automakers $61 billion in lost sales this year.

Click HERE to see the full article on the Alabama NewsCenter website.

Alabama News Center

2021-02-09 20:00:48

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