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When the chips are down: global shortage to keep crimping carmakers

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Reuters

By Nick Carey LONDON (Reuters) – BMW and Stellantis became the latest major carmakers to warn on Tuesday that the global semiconductor chip shortage that has bedeviled the industry this year will drag on throughout 2021 and beyond, hitting production and sales. Carmakers, forced by the COVID-19 pandemic to shut down plants last year, face stiff competition from the sprawling consumer electronics industry for chip deliveries, hit by a series of supply chain disruptions during the pandemic. Automobiles have become increasingly dependent on chips – for everything from computer management of engin…

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