German Manager Magazin: Production loss: Renault is missing at least 300,000 cars due to chip crisis001225

The French automaker Renault fears because of the continuing shortage of computer chips, according to insiders, even higher production losses than previously predicted. At least 300,000 vehicles rolled off the assembly line this year, three people familiar with the plans told Reuters on Wednesday. In September, the group had expected a failure of 220,000 cars. The company did not want to comment on this.

Two of the people from company circles named a range of 350,000 to 380,000 vehicles that could not be produced due to the lack of chips. One of the insiders even spoke of up to 400,000 fewer cars over the year. Before the Corona crisis, annual sales were 3.75 million cars and commercial vehicles. The forecast house IHS is assuming eleven million cars worldwide that will not be able to roll off the assembly line this year.

Other VW subsidiaries also have problems: the Czech one VW subsidiary Skoda for example, a quarter of a million fewer cars are expected to be produced this year. Audi has to die because of a lack of semiconductors in Ingolstadt and Neckarsulm Short-time work by the end of this week, how many premium vehicles are expected less here is still unclear.

According to estimates by management consultants, the loss of production in the automotive industry due to the acute shortage of electronic components is increasing overall. “We assume that ten to eleven million vehicles cannot be built this year,” said Albert Waas, partner at the management consultancy Boston Consulting, recently in “Welt am Sonntag”.

According to SPIEGEL, the consulting company PwC also expects that up to eleven million fewer cars will be produced and sold in 2021 than in the previous year. “The problems have worsened in the third quarter and will continue well into next year,” said the head of the automotive division at PwC, Felix Kuhnert, the magazine.

The consulting firm Alix Partners, in turn, assumed at the end of September that the Lack of chips the global car industry in the current year revenue of 210 billion US dollars (179 billion euros) will cost. In May it was still estimated at $ 110 billion.

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