Site icon TheDailyCheck.net

Chip-crunch saga part II: After a USD60 billion hit, here’s how automakers can rewire supply chains

Synopsis

Automakers are digging in to overcome the global shortage of semiconductors, something that will leave a lasting impact on the industry. While legacy approaches to supply-chain management can be blamed for the current mess, the real solution lies in making systemic changes. Can auto companies fix what’s broken?

The chips are down, literally. And the reverberations are a thunderous USD60 billion. ICYMI, at the centre of this storm is a shortage of semiconductors globally that has put automakers in muck. At present, there are two kinds of automakers. Those who have been affected by the chip shortage and those who soon will be. So much so that the shortage is forcing automakers to sell suboptimal products. General Motors in the US is in such a desperate

  • GIFT ARTICLE
  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Already a Member?

THE GREAT DIWALI OFFER

GET FLAT 30% OFF

ON ET PRIME MEMBERSHIP

Get Offer

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

For all the latest Automobiles News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TheDailyCheck is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – abuse@thedailycheck.net The content will be deleted within 24 hours.
Exit mobile version