More economic problems..... Auto Industry about to take a hit... Dutch vs China

Chrishaune

Chrishaune

Veteran
Joined
Jun 28, 2012
Messages
39,305
Reputation
2,672
Daps
95,240
Reppin
Huntsville
Chips shortage


Chipmaker Nexperia announced it could no longer guarantee delivery of its chips, which are integral to auto production.

A Honda spokesman said the industrywide semiconductor supply chain issue will make “strategic adjustments to production” necessary.

Those adjustments, which will include “temporary reductions or production suspensions” will begin this week in its North American plants.

“As we anticipate this to be a fluid situation that requires flexibility, we will not be providing plant specific information nor speculating beyond this period,” the spokesperson said.

“When production adjustments are made, our Honda associates have the option to work at the impacted facilities, use their paid time off, or take time off with no pay.”

A Mercedes-Benz spokesperson said the company is monitoring developments but that the “entire industry is affected.”

“However, due to the high degree of complexity and volatility, it is difficult to make reliable forecasts at this point in time,” the spokesperson said.
Click to expand...

"Thanks to good partnerships with our suppliers, the digitalization of many of our processes, and the implementation of lessons learned from the chip crisis, we have secured sufficient supplies for the short term. We are working intensively with our partners to avoid potential supply gaps.”

Hyundai released a statement saying the company is not expecting any short-term impacts, but “will continue to closely monitor the situation.”

Meanwhile, a spokesperson for Mazda said the luxury automaker is “currently investigating, including whether there is any impact.”

Automakers experienced a similar chip shortage following the COVID pandemic.

The Dutch government took control of Chinese-owned computer chipmaker Nexperia last month on concerns about the possible transfer of technology to Nexperia’s Chinese parent company, Wingtech.

In response, the Chinese commerce ministry issued an export control notice prohibiting Nexperia China and its subcontractors from exporting specific finished components and sub-assemblies manufactured in China, Reuters reported.
Click to expand...
 
Strapped

Strapped

Superstar
Joined
May 1, 2012
Messages
49,515
Reputation
5,218
Daps
62,375
Reppin
404
Auto industries are all ran by MAGA & voted for Cheeto . They are fukked because they no longer control the junk people buy . Japan will probably fold before we do
 
Strapped

Strapped

Superstar
Joined
May 1, 2012
Messages
49,515
Reputation
5,218
Daps
62,375
Reppin
404
Chrishaune said:
This didn't really involve the U.S, but does affect the auto industry.

It was the Dutch vs China
Click to expand...
It does because it will trickle down , the idiots that made the Netherlands take Nexperia fail to realize that plant is just a front





 
VegetasHairline

VegetasHairline

Veteran
Joined
Jun 25, 2012
Messages
51,803
Reputation
31,010
Daps
216,154
Reppin
CACS
oh-no-top-gear.gif
 
Problematic Pat

Problematic Pat

Superstar
Joined
Dec 27, 2017
Messages
10,142
Reputation
1,132
Daps
42,574
Chrishaune said:
This didn't really involve the U.S, but does affect the auto industry.

It was the Dutch vs China

Euros are trying to control the world.
Click to expand...
Dutch did that on the request of the US and now they are going to suffer just like all the Euro nations that were thriving off Russia cheap gas that said nothing after US blew up Nordstream pipleline. Now they are suffering because they can't manufacture anything because they were forced to buy expensive LNG from US.

Germany was Europes manufacturing powerhouse and now even Volkswagen had to jump ship because the cost of energy to manufacturer anything was through the roof. What the Dutch did was extremely stupid. Now Chinese investors are saying investing in Europe is too risky because they'll try to take your shyt.
 
You must log in or register to reply here.
Top