Tech & Science chip deficiency ensures dramatic auto production failure

17:40  23 september  2021
17:40  23 september  2021 Source:   dw.com

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When is there enough electronics components again? This question especially drives the car industry worldwide. The lost production volume is already considerable.

Provided by Deutsche Welle © Getty Images / J. Schlueter Provided by Deutsche Wave

The lack of microchips and other important electronics components continues to set the auto industry. Because of missing semiconductors, the industry is likely to avoid revenue of $ 210 billion (179 billion euros) this year, the ALIX Partners consulting firm estimated analysis on Thursday in Munich. In May, she was still assumed by significantly lower global losses ($ 110 billion). How long the delivery problems at chips stop is unclear. Although the production of semiconductors were raised worldwide, said the director of the OECD Directorate for Trade and Agriculture, Marion Jansen. "But still you can not get."

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In a digital organization of the Organization for Economic Cooperation and Development (OECD) on Thursday Jansen emphasized the increased demand for semiconductors, which led "everywhere, among others in Germany, to bottlenecks". However, there is no "one-size-fits-all" solution for the global delivery bottlenecks, she said. Certain steps such as a strong infrastructure, improved digitization and flexible regulations are helpful in most cases.

Begehrtes Gut: Leiterplatte eines südkoreanischen Herstellers © picture-alliance / dpa / maxppp coveted good: printed circuit board of a South Korean manufacturer

supply chains must be re-ordered

The head of the IFO center for foreign industry, Lisandra flat, pointed to a survey of the Institute from August, after which nearly 70 Percent of industrial companies in Germany suffered from material deficiency. "That's a historical record," she said. Surprisingly, even companies that were very heavily affected by delivery bottlenecks were not increasingly due to local or regional procurement. "In the future, they are planning to diversify the supply chains more strongly." A retreat from the globalized economy is therefore not a solution for the current bottlenecks.

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For the car industry, the bolting care is one of the highest risks - ordered vehicles can often not be completed. According to Alix, the loss of production throughout the industry is likely to be almost twice as large with 7.7 million vehicles as previously thought. In May, a failure of 3.9 million cars had been predicted.

Experts of the British Research Institute IHS Markit had lowered their recent estimation for the global annual production of cars in the past week. The Japanese Auto Toyota had notified in mid-September to be able to produce 300,000 units less at the end of March 2022. Daimler board leader Ola Källenius expects only 2023 a clear relaxation of the situation in the industry.

Chipfabriken laufen auf Hochtouren - hier in Taiwan © Tao-Chuan Yeh / AFP / Getty Images Chipakers Running at full speed - here in Taiwan

suppliers particularly affected

While carmaker could compensate for the failures in production in part with higher vehicle prices, suppliers were heavier, Marcus Kleinfeld declared by Alix Partners. Therefore, the chip deficiency will meet you stronger than the automakers themselves. The suppliers depend in particular from the manufacturers' production volume. Thus, the pig's power and electronics specialist Hella also stapped his forecast. Because automakers can build fewer vehicles through the chip bottlenecks, sales is likely to reach only 6 to 6.5 billion euros in the current financial year until the end of May 2022, the MDAX company participated in Lippstadt. So far, the Hella board board was assumed from 6.6 to 6.9 billion euros.

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also the car supplier and Continental Rival Faurecia pressed his annual targets. The French are just about taking Hella. Your sales will be about $ 15.5 billion by around one billion euros lower than so far thought it was in Nanterre. The profit in day-to-day business awaits Faurecia at a lower level: instead of 7 percent, the updated prognosis is expected to remain only 6 to 6.2 percent of sales as an operational yield.

The chip plant has already burdened the car industry for months. First, the large assembly manufacturers in the Corona crisis had laid on semiconductors for consumer electronics to cover the high demand. Added to this year production losses in chip companies in Japan and the US and Corona-Lockdowns in Malaysia and other Southeast Asian states. Globally, semiconductors are very scarce - and the construction of new capacities for high billions-tumed chipperants are tedious.


Chip Crisis Enables vehicle production and revenues. .
, according to corporate consultants, the lack of chips and other components accept enormous dimensions. Almost eleven million cars could therefore not be built this year. © Jan Waitas The chip deficiency does not only meet the auto industry, but also felt in the purse of the new car buyers. of the production failure in the car industry by the acute lack of microchips and other electronics components, according to estimates of business consultants, increases greater extent.

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