BR100 Increased By (0.29%)
BR30 Increased By (0.09%)
KSE100 Increased By (0.26%)
KSE30 Increased By (0.27%)
AGHA 6.79 Increased By ▲ 0.11 (1.65%)
BECO 4.40 Increased By ▲ 0.03 (0.69%)
BML 57.02 Decreased By ▼ -0.30 (-0.52%)
BOP 30.40 Increased By ▲ 0.05 (0.16%)
CNERGY 13.19 Increased By ▲ 0.07 (0.53%)
CSIL 5.47 Increased By ▲ 0.06 (1.11%)
FCCL 53.01 Increased By ▲ 0.22 (0.42%)
FFL 14.84 Increased By ▲ 0.12 (0.82%)
FNEL 1.13 Increased By ▲ 0.01 (0.89%)
KEL 6.11 Increased By ▲ 0.02 (0.33%)
KOSM 5.83 Increased By ▲ 0.10 (1.75%)
LOTCHEM 26.50 Increased By ▲ 0.04 (0.15%)
MLCF 93.40 Increased By ▲ 0.24 (0.26%)
NBP 164.80 Increased By ▲ 0.14 (0.09%)
NCPL 55.75 Increased By ▲ 0.09 (0.16%)
NPL 61.21 Increased By ▲ 0.05 (0.08%)
OGDC 315.89 Decreased By ▼ -0.84 (-0.27%)
PACE 9.96 Increased By ▲ 0.09 (0.91%)
PAEL 35.83 Increased By ▲ 0.20 (0.56%)
PIBTL 14.98 Increased By ▲ 0.30 (2.04%)
PPL 226.68 Decreased By ▼ -0.23 (-0.1%)
PRL 93.95 Increased By ▲ 0.93 (1%)
PTC 60.85 Increased By ▲ 0.59 (0.98%)
SSGC 23.78 Decreased By ▼ -0.03 (-0.13%)
TBL 8.80 Increased By ▲ 0.05 (0.57%)
TELE 7.90 Increased By ▲ 0.10 (1.28%)
TPL 22.41 Increased By ▲ 0.06 (0.27%)
TPLP 12.98 Increased By ▲ 0.01 (0.08%)
TREET 22.35 Increased By ▲ 0.19 (0.86%)
TRG 56.45 Decreased By ▼ -0.11 (-0.19%)
Business & Finance

Global chip shortage might impact vehicle production in Pakistan

  • Reports highlighting the gravity of the situation revealed that the shortage could last for almost an entire year.
  • Several technical features in most new vehicles heavily rely on these computer chips to function properly. Therefore, the shortage is directly impacting production lines.
Published Updated

A computer chip shortage has suspended the production lines of several automakers worldwide. This semiconductor chip shortage might as well affect auto-manufacturing in Pakistan.

Several reports that highlighted the gravity of the situation revealed that the shortage could last for almost an entire year.

Several technical features in most new vehicles heavily rely on these computer chips to function properly. Therefore, the shortage of semiconductor chips directly impacts production lines, as several manufacturers stall production. This includes automakers such as Toyota, the Volkswagen Audi Group (VAG), Ford, the Stellantis Group, Honda, and the Jaguar Land Rover Group.

Since the shortage could go as far as a year, it is necessary for automakers to switch to overdrive mode, i.e. make significant changes in their production routines. The development has led several new automakers to revert to analog Head Unit Displays (HUDs) to keep up the production of their vehicles.

A Washington Post report highlighted that the production figures of the vehicles might go down by 1.5 million or five million this year compared to expectations.

With the pandemic having resulted in huge losses, the chip shortage has become another cause for further concern to auto manufacturers. The compound effect of the outbreak coupled with the shortage of chips creates anticipation about the future of car producers.

Comments

Comments are closed for this article.