2 days agoShkoda will limit production due to problems in Czechia
Periskopi(5 years ago)
(5 years ago)The Czech car manufacturer will completely limit or ban car production in all three factories in the Czech Republic from October 18th to the end of the year, due to the global lack of chips. Production fatigue can hit the Czech economy hard, as Auto School, which is part of the Volkswagen Group, contributes [...]
The suspension of production can hit the Czech economy severely, as Auto School, which is part of the Volkswagen Group, contributes five percent to Czech GDP but also accounts for nine percent of Czech exports, reports Euractiv.
Production was suspended earlier in September for a week for the same reason.
The lack of chips has affected the entire automobile sector in the world, and European car companies depend on Asian production, which is on decline due to the coronary pandemic.
The chips are strategic components of the digital world, and while their production in Asian countries is limited, demand is growing worldwide.
The European Commission announced earlier that it would introduce a European “regulatory for chipat”, which should increase the capacity of products in Europe and boost international co-operation.
