How is the ongoing semi-conductor crisis delaying the recovery in the auto industry?

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18 JUNE 2021 09:26 IST | ENGLISH | MONEY & FINANCES | GENERAL AUDIENCE

Uttkarsh Chaturvedi

Uttkarsh Chaturvedi

If there is one thing which can play a spoilsport when it comes to to the recovery in the auto industry is the ongoing semiconductor crisis. Top sources in Motown tell us that cos have a visibility of 10-15 days going ahead. Many car makers are working at lower capacity utilisation levels. But with the festive season coming car makers feel that the semi conductor crisis will impact the capacity expansion process. Cos believe during the festive season, 10-15% capacity expansion will be impacted with the looming crisis. Car cos are also prioritising the top selling models and altering the product mix also to meet the current demand



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