Mouser Left Banner
Mouser Left Banner
Mouser Left Banner
Mouser Right Banner
Mouser Right Banner
Mouser Right Banner
More

    Chips Shortage Limits Auto Production in Brazil, Automaker Association Says

    Automaker’s plants in Brazil have reached a “production ceiling” after the first five months of the year, below pre-pandemic levels, due to a shortage of computer chips, the South American nation’s automakers association said on Tuesday.

    A semiconductor shortage has been affecting production of chips and may reduce the global number of automobiles produced by 3& to 5% this year

    “We reached a plateau of 200,000 cars produced monthly in the first months of the year, due to the components shortage,” said Luiz Carlos Moraes, president of Brazil’s automakers association Anfavea. Moraes said he does not expect the components shortage to end until sometime in 2022.

    Auto production rose 55% through May compared to the same period a year earlier. But the production of 981,500 units is well below the 1.24 million produced in the same period in 2019.

    So far, Anfavea is maintaining its projections of 15% growth in auto sales this year and 25% growth in production.

    In May, plants in Brazil produced 192,800 cars, trucks and buses, 1% more than in April. Sales grew 7.7% to 188,700 vehicles. Exports grew 9% to 37,000.

    ELE Times Research Desk
    ELE Times Research Deskhttps://www.eletimes.com/
    ELE Times provides extensive global coverage of Electronics, Technology and the Market. In addition to providing in-depth articles, ELE Times attracts the industry’s largest, qualified and highly engaged audiences, who appreciate our timely, relevant content and popular formats. ELE Times helps you build experience, drive traffic, communicate your contributions to the right audience, generate leads and market your products favourably.

    Technology Articles

    Popular Posts

    Latest News

    Must Read

    ELE Times Top 10