Auto provide chain to stay tight


MUNICH:

BMW expects provide chains to stay tight properly into 2022, Chief Govt Oliver Zipse mentioned on Monday, squashing hopes {that a} painful scarcity of essential semiconductors will finish quickly.

“I anticipate that the overall tightness of the provision chains will proceed within the subsequent 6 to 12 months,” he mentioned on the IAA Munich automobile present.

Zipse, who like different automobile executives is battling decrease manufacturing attributable to a scarcity of semiconductors, mentioned he noticed no points in the long run, including that the automotive trade was a pretty consumer for chipmakers. 

Printed in The Specific Tribune, September 7th, 2021.

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