The Mazda logo was shot at the LA Auto Show on November 20, 2019 in Los Angeles, California, USA. (Andrew Cullen / Reuters)
Mazda said on Friday that semiconductor crunches are expected to affect some 100,000 Japanese automakers worldwide during the year.
However, Mazda said in a statement that it would take full advantage of its available inventory to minimize hits to about 70,000 wholesale units.
The global shift to telecommuting and learning during pandemics has boosted demand for laptops and other gadgets, exacerbating the global chip shortage.
According to consulting firm AlixPartners, the shortfall will cost automakers $ 110 billion in revenue losses this year, up from an earlier estimate of $ 61 billion, and the crisis will produce 3.9 million cars. I’m predicting.
Automobiles rely on chips for everything from computer management of engines to improve fuel economy to driving assistance functions such as emergency braking.
By Shreyasee Raj