After an extremely tough year for the automotive industry supply chain, suffering from Covid disruption a shortage of vital microchips across the industry is causing further challenges for OEMs and suppliers.
In a few short weeks, COVID-19 has spread on an unprecedented scale, touching every corner of the globe and impacting all walks of life. In our industry we have seen automotive supply chains ground to a halt as manufacturers shut down plants in order to prevent the spread.
The full impact of Coronavirus on the international automotive supply chain may not be fully known for months, with ramifications extending beyond simply reduced freight capacity and availability on routes in and out of China