Continental CEO Sees Chip Shortage Continuing Into 2022

The transcript discusses the ongoing chip shortage affecting the auto industry, expected to continue into 2022. Businesses are adapting by implementing various strategies, including dual supply and inventory adjustments. The transition to electric vehicles is positively impacting the tire division, while competition from car manufacturers producing components in-house is noted. COVID-19 safety measures in manufacturing facilities are also addressed.

What is the impact of the shift towards electric vehicles on the tire division?

What challenges are faced due to car manufacturers producing components in-house?

How has the Delta variant affected manufacturing facilities?