"It's not only semiconductors," he said, adding that lithium, plastics and steel are all in relatively short supply. "You find shortages or constraints all over the place."Despite the imbalances, Herrmann said Ford Europe's incoming order bank was "fantastic" and that "demand is actually extremely strong."Daimler's Kallenius said he hopes the third quarter is the "trough" of the disruptions.
"We hope that in the fourth quarter that we will start coming back up again," Kallenius said. "But there is a level of uncertainty that we have to deal with in our production system. It needs to stay flexible." The chip shortage has affected the automotive industry more than any other. Assembly lines have been shut down and some cars are now being shipped without features that rely on semiconductors.
Productive Industrial capitalism vs Non Productive meaningless Financial Capitalism/ Stock Market economics
Cars can run without chips. Maybe they should use leas chips and tech.
Dami mong drama. Ayaw mo lang magrelease ng preso
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