Fri, Nov 15, 2024

The Chip Crisis Continues at Full Speed

The Chip Crisis Continues at Full Speed

The chip crisis in the automobile industry all over the world after the corona virus caused Toyota to close another factory. 

The corona virus has put many companies, especially national economies, in an economically difficult situation. In addition to the closed businesses, many balances in the countries, especially the foreign exchange, were deteriorated. 

Although automobile factories closed for a long time and interrupted their production, the work gained momentum after the corona virus left the world. But news of a factory shutdown came from Toyota today. 

Toyota decided to stop its factory in Czechia due to the crisis in chip supply. In the statement; "We had to stop production last night. This will of course affect our production schedule. It is not clear how long the outage will last." it was said. 

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