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May 22, 2021
Manufacturers and tech players are itching to be untangled from a web of challenges fomenting a global chip shortage that have derailed their production, but those looking to be set free are in for a bit of a wait.
In fact, some automakers fear they may have to live with the problem for years to come.
Earlier this month, Japanese carmakers reported their earnings for fiscal 2020 and the chip shortage was a major topic, as the supply strain has forced a halt to some production.
The gravity of the impact down the road seems to vary from firm to firm: Toyota Motor Corp., for instance, described it as “a small risk.”
Masks still a must at Detroit Three, other U.S. auto plants
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Detroit Autoworkers at the Detroit Three plants and others will have to continue wearing masks while working despite recent changes in mask-wearing guidelines from the Centers for Disease Control and Prevention.
The COVID-19 Joint Task Force, comprised of members from the United Auto Workers, Ford Motor Co. General Motors Co. and Stellantis NV, decided to continue mandating masks until the Occupational Safety and Health Administration issues guidelines, according to a press release sent Wednesday morning by the UAW.
Additionally, Ford, General Motors and Stellantis will follow all state, county and city regulations where they have operations.
Toyota s March global auto sales hit record on U.S., China recovery
Toyota Motor Corp. said Wednesday its global sales in March surged 44.2 percent from a year earlier to a record 982,912 vehicles, buoyed by strength in its key U.S. and Chinese markets and showing a sharp rebound from the initial fallout from the coronavirus pandemic.
Toyota s global sales and output rose for the seventh straight month on a year-on-year basis as it manufactured 843,393 vehicles in March, up 31.6 percent.
The pace of Toyota s recovery has been faster than its rivals, with global sales in the first three months of 2021 up 19.1 percent from the previous year, much higher than its target of 10 percent.