How Long Will the Mercedes-Benz Chip Shortage Last?
1 Answers
Automotive chip shortages are expected to last for about a year. Below is an introduction to the relevant content: 1. Automotive chip shortage: How long will the automotive chip shortage last? This is a topic of global concern, with various reports and opinions from online media. It is said that the shortage of automotive chips will persist until 2023. 2. Reports: According to related media reports, the automotive industry's revenue loss in 2021 increased from $61 billion to $110 billion, global automakers reduced production by 3.9 million vehicles, used car prices are expected to rise, and General Motors and Ford are projected to lose up to $2 billion this year. An average car contains as many as 1,400 chips, and with increasing automation, this number is expected to grow further.