Does FAW Toyota face chip shortage impacts?
1 Answers
The impact from chip shortage is relatively minor. Here are the relevant details: Chip impact: Overall, the chip shortage will persist for an extended period, but Honda currently maintains coping capabilities; this year Honda will introduce new models like the next-generation Civic and mid-cycle refreshed Accord in the Chinese market. By maintaining strategic chip usage policies alongside continuous new model launches, Honda's strong sales momentum may continue. Toyota experiences notably less impact from the chip shortage due to its chip stockpiling strategy, possessing substantial chip reserves that have largely insulated it from current shortages. Positive development: Another favorable factor this year is the upcoming next-generation Highlander, built on the TNGA platform for enhanced competitiveness; simultaneously, Toyota must address the market demand and chip requirements arising from the Highlander refresh. Overall, Toyota demonstrates stronger risk resilience against chip shortage impacts. By effectively managing production capacity and demand post-Highlander refresh, sales may continue rising. Although Nissan's sales increased this month, growth has slowed. Following chip shortage effects, Nissan announced temporary production halts at plants including domestic facilities (excluding Chinese plants), indicating its prioritization of maintaining supply for this core market.