IAA MUNICH: Automakers Agree 2022 Will Be Another Year Of Chip Shortages And Screwed Up Production

The global chip shortage crisis may not be resolved next year, executives from German automotive companies warned during the ongoing 2021 IAA in Munich. According to estimations, it will take the industry another 15 to 20 months until the semiconductor shortage has been overcome, though the impact on vehicle production should be less severe next year.
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