Everyone suffers, except Tesla – economy

While the auto industry is suffering from global chip shortages, Tesla has set a delivery record. The US electric car maker brought a good 241,300 vehicles to customers worldwide in the third quarter, around 53 percent more than a year earlier. The group, led by Elon Musk, also had delivery delays and production breaks due to the shortage of chips. However, the US auto sales figures presented over the weekend show how hard some other manufacturers have been hit by the chip shortage. At the largest US auto company General Motors, sales in the home market fell by almost a third to just under 447,000 vehicles. Due to the shortage of chips, various manufacturers had to suspend production in recent months or were unable to complete vehicles. According to estimates by management consultants, production downtimes in the automotive industry are becoming ever greater. “We assume that ten to eleven million vehicles cannot be built this year,” said Albert Waas, partner at Boston Consulting, the World on sunday. The consulting company PwC is also calculating loudly mirrors so that up to eleven million fewer cars will be produced and sold in 2021 than in the previous year.

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