Chip shortage to impact 100,000 Mazda vehicles in 2021

by SpeedLux
Images of 2017 Mazda MX-5 Miata RF

Mazda Motor said on Friday it expects a semiconductor crunch to impact around 100,000 of the automaker’s vehicles worldwide during the fiscal year.

However, the automaker will fully leverage available inventory to reduce the hit to about 70,000 wholesale units, it said.

The chip shortage, which has hit automakers worldwide, emerges from a confluence of factors as automakers, which closed plants for two months during the coronavirus pandemic last year, rival against the sprawling consumer electronics industry for chip supplies. A factory fire suffered by Japanese chipmaker Renesas this year is also cited as a reason behind the chip shortage.

The worldwide shift to remote work and learning during the coronavirus crisis had increased demand for laptops and other gadgets, exacerbating a global chip shortage.

The shortfall will cost automakers $110 billion in lost revenues this year, increasing from an earlier estimate of $61 billion, according to consulting firm AlixPartners. Forecasting the crisis will hit the production of 3.9 million vehicles.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.


SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.


©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More