Navistar parent company Traton Group in July reported strong operating results and revenue for the first half of 2022, despite what it called an extremely challenging market.
The chip shortage, due to supply problems and a surge in demand for consumer electronics during the pandemic, has hit the auto industry hard, with millions of vehicles worldwide not being produced because important parts are missing.
Whether buying computer chips directly from manufacturers, reconfiguring cars, or producing them with parts missing, automakers are having to get creative to cope with the global shortage of semiconductors.