Chip shortage disrupts car and motorbike production

Many automobile and motorcycle manufacturers, including Honda Vietnam, are forecast to have to cut production orders by up to 50% in the near future because of the pandemic. chip shortage crisis.

Since more than a month now, only the production line of digital cars of Honda Vietnam Company is still in operation, the production line of scooters has to be suspended. According to the factory representative, the interruption in the supply of semiconductor chips – an important component in production is the cause of this situation.

Chip shortages disrupt the production of cars and motorbikes. (Illustration image – Photo: Dan Tri)

Supply chain disruption and high input material prices are also the reasons why many car and motorbike manufacturers have to increase the selling price of many products. For example, from the beginning of April, the price of more than 20 Honda scooters has increased from 1 to 3 million dong.

Last year, Honda Vietnam’s sales reached nearly 2 million units, accounting for about 80% of the domestic market share. However, due to the lack of chips and the continuous increase in the prices of input materials, it is very difficult to maintain sales like last year for businesses this year.

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