SHANGHAI – When the tight supply of semiconductors started to dent auto production in China late last year, it was generally seen as a temporary problem.
Now nearly six months into 2021, the threat posed by chronic chip shortages to the Chinese auto industry looms large.
In December, Volkswagen Group became the first automaker to acknowledge the impact of the chip shortage on output in China.
Three other automakers have sounded similar alarms.
Volvo Car Corp. in March said it would temporarily suspend or adjust production in China as well as in the U.S. due to insufficient supplies.