Chip, crisis hits Nissan. The Usa- lobby is born

The shortage of chip strikes again and the last to pay the price in order of time Nissan. The Japanese auto group has announced a guidance (economic forecasts) for the current year worse than expected to have that due to the global shortage of microprocessors and the increase in the price of raw materials. The shares on the Tokyo Stock Exchange are collapsed by 10% slipping to the lows of the last five months. In theoutlook for 2021 (the budget that runs from April 1, 2021 to March 31, 2022) the Japanese car manufacturer (the third largest manufacturer in the country) expects a net loss of 60 billion yen (equal to approximately 452 million euros).

The CEO: First Covid, now the challenge of chips and commodities

After a 2020 characterized by the pandemic, which has stopped the economy all over the world, if we look at the immediate challenges of today – said the CEO Makoto Uchida – there is a great impact from business risks such as increases in semiconductor and commodity prices. Continuing shortage of semiconductors, exacerbated in recent months by a fire at a plant of the key car chip maker Renesas Electronics Corp in Japan, it will also affect future Nissan production with impacts on 500,000 vehicles. But since the end of last year the entire global auto industry struggling with a shortage of chips, which are mainly produced in Asia, with the Korean Samsung world leader.

The stop of Stellantis in Melfi

The worldwide shortage of electronic microchips prevented the automotive group Stellantis to produce 190,000 vehicles in the first quarter, but has not yet slowed down sales: this was announced by the group born from the union between FCA and PSA. The group said the shortage of semiconductors, mainly manufactured in Asia and subject to exceptional global demand, will continue and have a greater impact in the second quarter, before an improvement in the second half. The crisis is expected to continue until 2022. Forty-four factories of the group are currently affected by this shortage, said the group’s chief financial officer, Richard Palmer. Due to the shortage Stellantis in recent days announced the extension of the closure of Windsor plant until the third week of May. Even the plant ofMelfi, in Basilicata, was closed from 3 to 10 May.

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S&P: Chip, un tema dominante

Cost pressures and supply shortages have become a dominant theme. For some industries, such as car and smartphone manufacturers – S&P analyzes, this is starting to hinder the production of products. For example, we estimate that chip shortages could result in a net loss of up to 3 million cars and trucks produced in 2021, about 3% -5% of global production.

Nasce la Semiconductors in America Coalition

On May 11, some of the largest chip buyers in the world, including Apple, Microsoft e Alphabet Google, are joining with major chip makers such as Intel to create a new lobbying group to solicit government subsidies for chip manufacturing. The fledgling Semiconductors in America Coalition, which also includes Amazon, said it has asked US lawmakers to provide funding for the Chips for America Act, for which President Joe Biden has asked Congress to provide $ 50 billion.

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