A lack of computer chips means that car companies have not been able to meet production demand.Image: REUTERS/Andreas Gebert
Sean Fleming Senior Writer, Formative Content
- Global car sales fell in 2020.
- A shortage of computer chips is compounding poor sales by holding up production.
- That could cost the industry $60 billion.
Besides reeling from the impact of the COVID-19 pandemic, the motor sector now faces another major challenge – it can’t get all the computer chips it needs.
Modern cars are reliant on technology. There’s software that monitors engine performance and emissions, cruise-control that automatically adjusts to keep pace with the speed of the vehicle in front, alarms that are triggered by straying out of lane – not to mention bluetooth connectivity, parking sensors, keyless entry and a host of safety features.
And that’s just in a conventional car. Self-driving and semi-autonomous cars are even more tech-laden.
Continue reading… “There aren’t enough computer chips to power modern cars”
