Chip Shortage

No relief in sight for automakers: Global semiconductor shortage likely to last until end-2022, says Arm CEO

The semiconductor industry is currently investing some $2 billion per week, which will eventually lift production by 50 percent, but supply is set to remain tight in the near term.

Automobile sales during 2021 festive season the ‘worst’ in a decade, says dealer body FADA

“Chip shortage is impacting supplies in PV creating a huge shortage of vehicles in SUV, compact – SUV and luxury segment”, said FADA President Vinkesh Gulati.

Global chip shortage to result in four to six percent drop in vehicle sales this festive season: CRISIL

The semiconductor shortage has led to production losses, and the waiting period for some models has increased from two-three months to six-nine months now.

Passenger vehicle dispatches fell by over 40 percent in September due to semiconductor crunch

While Hero MotoCorp’s dispatches were down 32 percent, Royal Enfield’s wholesales were down by a whopping 62 percent; revival in demand blunted by chip shortage.

Mahindra Auto to have seven ‘No Production Days’ in September because of chip shortage

Mahindra said output at its automotive division will be cut by up to 25 percent in September across plants due to the global semiconductor shortage.

Global chip shortage continues: What caused it, how it affects us, and how to prevent it from happening again

The chip shortage delayed the release of popular products such as the iPhone 12 and created mad scrambles to find the latest video game consoles such as the PlayStation 5.

Gaming consoles, smartphones, other gadgets could get pricier due to continuing microchip shortages

The auto sector is the highest-profile victim of the chip shortage, with giants including Ford and Volkswagen forced to cut production.