📊Executive Summary

The ongoing chip shortage is projected to extend into 2022 and possibly 2023, according to Daimler chairman Ola Källenius. This shortage is significantly impacting global car production, with specific disruptions noted in Malaysia. The automotive industry, which has seen a rapid recovery post-COVID-19, is struggling to meet the increased demand for semiconductor chips, leading to production shutdowns and a projected impact on sales in the third quarter. Källenius emphasized the need for a thorough review of supply chains to enhance robustness against such disruptions in the future....