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Auto IC shortages to last through H1

Yesterday, CTO Markus Schaefer told journalists: “Chip scarcity will also accompany us in 2022, particularly in the first half.’

“We do not expect significant production capacity increases in the first half of the year,” added Schaefer, “these will barely come in the full year.” Nissan and Renault are saying they expect to see chip shortages persist throughout H1 2022. Daimler produced 23.9% fewer cars in October 2021 than the previous year and 21.8% less in November.

Tesla, of course, bucked the trend by delivering a record 308,600 vehicles in the Q4, against industry analysts’ expectations for about 263,000.