The problem was that chip production didn’t - couldn’t - keep pace. However, there’s an imbalance - while chips are more and more important to car makers, car makers are not especially important to chip companies. Last February the car makers were the ones calling everyone and saying they didn’t want supply. That has meant that, of all car makers, Toyota has been among the least affected, even though it is talking about stalling some European production. Some are thinking that the crisis will have a fundamental effect on the way car makers operate.

Source: The Irish Times May 07, 2021 11:26 UTC