According to foreign media reports, data released by the US government on November 17 showed that US automobile assembly lines resumed production last month. Signs show that production delays caused by the global shortage of semiconductor chips may be coming to an end.
According to the Federal Reserve (Fed), U.S. manufacturing grew 1.2% month-on-month in October, driven by an 11% increase in the automobile and parts industry, the first rebound after two consecutive months of decline. However, automobile production was still 1.5% lower than in October 2020.
On November 18, Honda Motor also said that its automobile factory in Japan will resume normal operations in December. Due to chip shortages and supply disruptions caused by the epidemic, the production capacity in November was about 90%. Honda said this will be the first time its factories in Japan have returned to normal in seven months.
All these signs seem to indicate that chip shortages, especially in the automotive industry, are easing.
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