BMW Warns Production to be Hard Hit by Chip Shortage
A chip shortage that has plagued the car industry may lead to further lost production, BMW said on Friday. The carmaker claims that there are no signs that the shortage is abating and supply would remain tight in the second half of the year.
Production was being halted at various sites, either on a daily basis or individual shifts, Milan Nedeljkovic, BMW board member in charge of production said, adding that lost output was around 30,000 “units” so far this year.
“Semiconductor supply is really critical,” Nedeljkovic told reporters at an event in Frankfurt marking the start of serial production of BMW’s iX electric sport utility vehicle. “The outlook for the second half of the year, too, remains critical. The initial assumption, that it will be brought under control fairly soon and be covered more or less in the first half of the year, is certainly proving otherwise.”
