Russian FM says relations with the West have “bottomed out”


Chip shortages force further cuts at North American car factories

(Bloomberg)-Supply Lines is a daily newsletter that tracks the impact of Covid-19 on trade. Sign up here and subscribe to the Covid-19 podcast for the latest pandemic news and analysis. Automakers are expanding and expanding production cuts at some of their North American plants to address the growing global shortage of semiconductors. Trucks are hard to come by as automotive chip semiconductor manufacturers allocate more capacity to consumer goods. Pandemics are driving surges in orders for smartphones, TVs, and computers as people seek to make their homes longer than expected, with less capacity for a stronger than expected recovery in vehicle demand. .. Recent weather-related turmoil in the supply of petrochemicals in the southern United States and fires at Japanese chip manufacturing plants have exacerbated shutdowns. Sales have fallen this year. A recent setback could further delay the expected recovery in second-quarter production. Carnorama researcher Takeshi Miyao said, “The balance between supply and demand is deteriorating because production is shrinking without increasing,” and it is not only the largest automobile companies that are suffering from the chip crisis. Truckmaker Paccar Inc. announced on March 31 that shipments in the first quarter were reduced by approximately 3,000 units. The current status of major North American automobile manufacturers is as follows. Ford Motor Co. March 31: The F-150 plant in Dearborn, Michigan, said in an email that the company was down during the week of April 5 and April 12. Truck operations at the Kansas City assembly plant will be closed during the week of April 5. The Louisville assembly plant will be closed during the week of April 12 and April 19, and the Oakville assembly facility will be closed during the week of April 12, 19 and 26. Ford also canceled overtime shifts at multiple plants by June. March 22: Production at the commercial vehicle plant in Lake Avon, Ohio will be suspended and production will resume on March 29. Ford also dropped one shift until March 29th. Kentucky Truck Factory Manufactures Vehicles such as F-250 Pickups and Expedition SUVs March 21: Ford Cancels Additional Shift at Kentucky Truck Factory March 18: Automaker Separates Louisville Canceled a two-day night shift at an assembly plant in — Where to make Ford Escape and Lincoln Corsair-due to a winter storm in the United States in February and a shortage of chips. Stellantis NVM March 26: Automakers plan to idle five North American plants from March 29 to early to mid-April. To a spokesperson for the company. Facilities include a pickup plant in Warren, Michigan. Jeep Cherokee SUV plant in Belvidere, Illinois. Jeep Compass SUV factory in ToruCa, State of Mexico. Muscle car factory in Brampton, Ontario. March 25: A union representing Windsor workers said in a tweet that the minivan factory would be shut down for a month. March 20: Fiat Chrysler Automobiles NV and PSA Group said production of rum classic trucks in Warren and Saltillo, Mexico will be affected “for weeks”. Nissan Motor March 25: Japanese car maker plans to resume production at its Aguascalientes plant on March 26, according to a spokesman for the company, Mexico a week after it stopped production. March 23: Nissan resumed assembly line at its plant in Canton, Mississippi, and resumed production at its plant in Smyrna, Tennessee. March 19-March 22: Nissan resumes production on another Canton assembly line that had been offline since March 20 March 24: General Motors at its Wentzville, Missouri assembly plant The company announced that it will manufacture Chevrolet Colorado and GMC. There will be 2 weeks of downtime starting March 29th. The company’s Lansing Grand River plant in Michigan has extended downtime by two weeks. The factory that manufactures the Cadillac CT4 and CT5 and the Chevrolet Camaro shut down production on March 15. From the week of April 5th, GM’s assembly plant in San Luis Potos√≠, Mexico (stopped from February 8th) will shift by two. Factory manufactures Chevrolet Equinox and GMC Terrain March 3: Automakers said Brazil’s Grava Thai plant will be affected by downtime in April and May Toyota Motor Corporation March 22: No In Kentucky, Mississippi, Texas, West Virginia and Mexico, certain petrochemical shortages are affecting the production of 10 factory-made models. “Our manufacturing and supply chain teams are committed to resuming normal operation as quickly as possible by assessing supply constraints and developing measures to minimize further impact on production. We are working hard, “the company said in an email. Production of Toyota Camry, Camry Hybrid, Avalon, Avalon Hybrid, RAV4 Hybrid, Lexus ES 350, Lexus ES 300h, Tundra, Tacoma and Corolla models has been reduced. March 21: Toyota’s semiconductor factory owned by Renesas Electronics, Japan’s largest automobile manufacturer, accounts for about 6.6% of Renesas’ sales. March 22: Honda’s purchasing and production teams “limited the impact of this situation and adjusted production as needed,” he said in an email without detail. March 17: Automakers shut down production at several US and Canadian plants, including plants in Alabama, Indiana, Ohio, and Ontario, impacting pandemics, chip shortages, and harsh winter weather on supply chains Blame. BMW AGMarch 22: BMW’s “production is unaffected” in North America, the company said in an email. Tesla Inc. Feb. 8: An electric car maker said in a 10-K filing that “the growing demand for personal electronics has led to a shortage of microchips, but it’s still unclear how they will be affected.” .. Daimler AGFeb. 5: The Mercedes-Benz plant in Tuscaloosa, Alabama “was operating as planned,” a Daimler spokeswoman said. 5: A Korean car maker said in a statement, “We are working with our supplier partners to closely monitor the situation and maintain stable production.” (Updated 4th paragraph in Paccar output) See Bloomberg for articles like this. com Subscribe now to get the most trusted business news sources. ¬© 2021 Bloomberg LP