By George Leopold – Despite optimistic predictions that auto makers have seen the worst of ongoing semiconductor shortages, sources closer to the technology supply chain maintain things will get worse before they get any better.
Industry consultant Semiconductor Intelligence downplayed auto industry assertions about the second quarter representing the “trough” of IC supply chain disruptions. Citing a growing list of auto production cutbacks stemming from the chip shortage, the market tracker countered in recent weeks that “the shortage of semiconductors for automotive applications is getting worse.”
It cited production cuts at Ford, GM, Hyundai, Toyota, the merged Fiat-Chrysler-Peugeot group called Stellantis and Volkswagen. more>