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Global Chip Shortage Auto-Brakes Automakers Hard

January 27, 2021 by Ted Leave a Comment

GM designer shows new all-electric Cadillac vehicle
GM designer shows new all-electric Cadillac [Click to enlarge]

A global supply chain shortage of key semiconductors has hit automakers around the world hard, like the automatic braking solution on self-driving cars. The shortage is so severe that auto makers are literally being forced to close factories for weeks as they wait for their supply of chips. As the industry is trying to rebound from a tough 2020, this situation has become so painful, some manufacturers are turning to politicians – asking them to pressure chip manufacturers to prioritize shipments to the auto industry.

Can car makers force more supply to address the chip shortage?

[Read more…] about Global Chip Shortage Auto-Brakes Automakers Hard

Filed Under: Industry Trends, Management, Manufacturers, News, supply chain, Tech Trends Tagged With: chips, GM, Mary Barra, semiconductors

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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