Toyota, Nissan, Honda and other Japanese carmakers scrambled on Monday to assess the impact on their production of a fire at a Renesas Electronics chip plant that could aggravate a global semiconductor shortage.
“We are gathering information and trying to see if this will affect us or not,“ a Honda spokesman said. Other automakers including Toyota and Nissan said they too were assessing the situation. “It will probably take more than a month to return to normal supply. Given that, even Toyota will face very unstable production in April and May,“ said Seiji Sugiura, senior analyst at Tokai Tokyo Research Institute. “I think Honda, Nissan and other makers will also be facing a difficult situation.”
European carmakers said on Monday they could not yet assess whether the fire would have any impact on global chip supplies. Germany's BMW said its plants were running even though semiconductor supply in general remained tight. Renesas said its customers, which are mostly automotive parts makers rather than the car companies, will begin to see chip shipments fall in about a month.
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