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Auto sector facing shortage of critical components for manufacturing

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German auto suppliers Continental, Bosch and Volkswagen, the world's largest carmaker, on Friday warned about a shortage of semiconductor components needed for automotive production. The pandemic has hit auto and auto parts production globally, and car-making has grown increasingly reliant on imported chips for electronic parts, such as electronic control units and electronic stability programmes. CNBC-TV18’s Sonia Shenoy has more details.

German auto suppliers Continental, Bosch and Volkswagen, the world's largest carmaker, on Friday warned about a shortage of semiconductor components needed for automotive production.
These semiconductors are used across various parts of electronic component units (ECUs) and the entire supply chain could get disrupted because Bosch is one of the largest players who supply the semiconductors to this space.
The pandemic has hit auto and auto parts production globally, and car-making has grown increasingly reliant on imported chips for electronic parts, such as electronic control units and electronic stability programmes.
CNBC-TV18’s Sonia Shenoy has more details.
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