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Chip shortage in Germany’s car industry will last years says Audi manager, ET Auto

Chip shortage in Germany’s car industry will last years says Audi manager, ET Auto

by admin
August 11, 2023
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<p>German automakers and electronics producers have been hit hard by manufacturing delays, caused by a global shortfall of chips. Executives and policymakers are re-thinking supply lines and trying to reduce reliance on a handful of Asian and U.S. chip suppliers.</p>
German automakers and electronics producers have been hit exhausting by manufacturing delays, attributable to a world shortfall of chips. Executives and policymakers are re-thinking provide traces and attempting to scale back reliance on a handful of Asian and U.S. chip suppliers.

Semiconductor shortages which have created bottlenecks for Germany’s automotive trade will take years to resolve regardless of chipmakers’ plans to construct factories within the nation, a senior Audi supervisor was quoted as saying on Friday.

German automakers and electronics producers have been hit exhausting by manufacturing delays, attributable to a world shortfall of chips. Executives and policymakers are re-thinking provide traces and attempting to scale back reliance on a handful of Asian and U.S. chip suppliers.

Berlin has been courting the world’s largest contract chipmakers with billions of euros in subsidies. Chipmakers resembling U.S. Intel and Taiwan’s TSMC this yr introduced plans to construct factories in Germany.

“It takes years, in any case. It is about billions of {dollars} are being invested,” Renate Vachenauer, head of procurement at Volkswagen-owned Audi, was quoted as saying by Augsburger Allgemeine newspaper.

Vachenauer stated carmakers might ease the bottlenecks by decreasing the styles of chips used from the 8,000 differing kinds in autos right this moment.

“We have now to make use of many levers to stabilize the provision of semiconductors and in addition refill on the dealer market to some extent,” she added.

  • Revealed On Aug 11, 2023 at 03:06 PM IST

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Tags: AudiAutoCarchipGermanysIndustryManagershortageyears

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