Chip shortage to hit around 100,000 Mazda vehicles in 2021 By Reuters

© Reuters. FILE PHOTO: The Mazda logo is pictured at the Los Angeles Auto Show, California, United States November 20, 2019. REUTERS / Andrew Cullen

(Reuters) – Mazda Motor (OTC 🙂 Corp said on Friday it expects a semiconductor tightening to affect about 100,000 the Japanese automaker’s vehicles around the world during the fiscal year.

However, Mazda will take full advantage of available inventory to minimize success to around 70,000 wholesale units, it said in a statement.

The global shift to remote working and learning during the pandemic had driven demand for laptops and other gadgets, exacerbating a global shortage of chips.

The shortfall will cost automakers $ 110 billion in lost revenue this year, up from an earlier estimate of $ 61 billion, consulting firm AlixPartners said, predicting the crisis will affect production of 3.9 million vehicles. .

Automobiles depend on chips for everything from computerized engine management for better fuel economy to driver assistance functions such as emergency braking.

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