The ongoing semiconductor shortage isn’t just hitting big-name tech companies like AMD, Intel, and Nvidia. According to multiple automotive manufacturers, the general manufacturing problems hitting the industry are now meaningfully slowing vehicle production.
“This is absolutely an industry issue,” Toyota spokesman Scott Vazin told the AP. “We are evaluating the supply constraint of semiconductors and developing countermeasures to minimize the impact to production.”
This is separate from the COVID-related issues that caused car manufacturers to idle facilities throughout 2020, and it’s creating constraints on companies as they attempt to bring factories back online. Toyota has slowed production on the Tundra, Ford pulled in some planned downtime for its Louisville facility, Fiat Chrysler has temporarily closed some factories, and Volkswagen has announced it’s facing component shortages and may slow production for this reason. Nissan hasn’t