One of the branches that the coronavirus pandemic has put into crisis was microchips. The companies’ stoppage of production had a profound effect on the automotive sector in particular. The latest news, the crisis England. So much so that the production of cars in England, due to the crisis in 1956 decreased to levels.
British Association of Motor Manufacturers and Traders ( SMMT), according to the information he announced, the production in July 2021 is compared to the same period of last year. 37 percent crashed. This situation directly affected the number of exports. According to the statements made, the export made in the first 7 months of 2021 is the year of 2019, which is the period before the pandemic. 29 percent behind. SMTT Leader Mike Hawes states that there has been an increase in demand with the remaining restrictions, but the absence of any development in the semiconductor section will continue to shrink the automotive sector.
The heart of the British economy faces a grave threat
The automotive industry is of critical value to the British economy. So much so that the contribution of this branch to economics, £78.9 billion. However, the crisis in the semiconductor branch is affecting the British automotive industry deeply. Some branch resources, with the loss of blood in the branch that employs 180 thousand people in production and 864 thousand people in the supply chain. layoffs they believe can happen.
The semiconductor crisis caused by the coronavirus pandemic does not seem to be easily left behind. Because the previous statements on the subject, the crisis but about 2023 makes me think it might end. This affects all car manufacturers around the world. What awaits the automotive industry until the semiconductor crisis ends nobody knows. . .