Chip shortages are slowing US auto sales

Released on 01. 10. 2021

  • Workers perform a final inspection at a General Motors paint shop in Flint. The largest US automaker was hit particularly hard by the industry-wide chip supply bottlenecks in the past quarter. Photo: Ryan Garza, Detroit Free Press

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The shortage of semiconductors continues to have a firm grip on the auto industry – this is also having an impact on US sales figures. Toyota is on track to oust market leader GM in its home market.

Detroit (dpa) – The largest US automaker General Motors was hit particularly hard by the industry-wide chip supply bottlenecks in the past quarter.

GM sales in the home market fell year-on-year by almost a third to just under 447. 000 vehicles, as the group announced on Friday. Toyota, on the other hand, was even able to grow slightly and after the first nine months of the year is well ahead of long-term market leader GM.

US sales of the Japanese industry giant rose by 1.4 in the third quarter Percent good 566. 000 vehicles too. After three quarters, Toyota now has just under 1, 777 million cars – and GM is at 1, 777 Millions.

The current shortage of chips is a major problem for car manufacturers around the world. As a result, various manufacturers had to suspend production in the past few months or were unable to complete vehicles. GM specifically referred to bottlenecks in semiconductor production in Malaysia, but the situation is getting better.

US sales by German automakers developed differently. At Volkswagen, the number of vehicles sold fell by 8 percent to 79 321. The sports car subsidiary Porsche sold with 15 289 Cars 1.7 percent less.

BMW, on the other hand, rose by 8.7 percent in the USA 75 619 vehicles too. Since the beginning of the year, the group continued with 243 613 Cars even 35, 4 percent more than in the first nine months 2020. At Volkswagen, there has been a plus of 9 percent on 51 615 Cars on the books.

Other Japanese manufacturers did not do so well in the US market like Toyota. At Honda, sales fell by around eleven percent to just under 346. 000 vehicles, at Nissan by ten percent to around 199. 000.

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