Nissan Expects The Chip and Part Shortage

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Due to a shortage of semiconductors and other components, Nissan, like other global automakers, has been forced to reduce production.

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Nissan expects global supply chain constraints, such as part and semiconductor chip shortages, to last until at least the middle of 2022

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Nissan’s Ashwani Gupta told Reuters, adding that the crisis would last at least until the first half of 2022.

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“The challenge we face today is how we manufacture the car, not how we sell the car,” he added.

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Due to a shortage of semiconductors and other components, Nissan, like other global automakers, has been forced to reduce production.

Image- buisnesstoday

Total global auto production is expected to reach close to 80 million units this year, up from 76 million in 2020

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Gupta believes it will take some time to return to 95 to 97 million units per year.

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Nissan Expects The Chip and Part Shortage to Last Until Mid-2022.

Image- monergise