Semiconductor Shortage
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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.
Fire at chipmaker Renesas’ facility could deepen semiconductor shortage for automakers
•Renesas, which makes chips for Toyota, Nissan and Honda, expects production at one of its plant buildings to grind to a halt for a month.
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.
Ford India, Bosch India, Honda, Audi, various other car manufacturers around the world hit by semiconductor shortage
Overdrive •Semiconductors power all the on-board technology in vehicles, including the infotainment systems, powered door mirrors, and others.