Auto makers extend shutdown due to lack of semiconductors

The parts shortage problem has dragged on since the end of 2020, causing losses that already exceed $ 100 billion in sales. Photo: Government of the State of Rio de Janeiro

Another automaker has announced that it has to stop production at factories due to the lack of semiconductors in the market. Besides Fiat, Volkswagen and General Motors, which had already or partially suspended production, Renault announced this week that it will also stop work on the assembly line. The parts shortage problem has dragged on since late 2020, causing losses that already exceed $ 100 billion in sales, according to a KPMG study. In early June, the National Association of Motor Vehicle Manufacturers (Anfavea) warned that the crisis in the supply of electronic components in the automotive market has no short-term solution and could lead to further production shutdowns by now. the end of this year. New data on the sector is expected to be released on Friday (6).

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