Shortages Affecting Auto Production: Semiconductor, foam, etc.
Trending Stories highlight deals shared by the community and other popular topics that are being discussed on Leasehackr Forum.
Today’s post:
A semiconductor shortage is pinching some of the world’s biggest auto manufacturers, costing Daimler AG, Nissan Motor Co., Honda Motor Co., Ford Motor Co. and Fiat Chrysler Automobiles NV production for a range of cars.
Mercedes-Benz maker Daimler joined its German peer Volkswagen AG in announcing it’s affected by the industrywide supply bottleneck, without quantifying the impact. Honda said it will cut domestic output by about 4,000 cars this month at one of its factories in Japan, while Nissan is adjusting production of its Note hatchback model.
In North America, Ford is idling a sport-utility vehicle factory in Kentucky next week, pulling forward previously planned downtime due to the chip shortage. Fiat Chrysler is temporarily closing a Canadian plant and delaying the restart of output at a Mexican Jeep factory until the end of January. The moves are aimed at keeping its other North American plants running, the Italian-American automaker said in a statement.