Chip Shortage Hits Automakers

The video discusses the sharp market decline, attributing it to a combination of factors such as semiconductor shortages, winter storms in Texas, and a factory fire in Japan. It highlights how some manufacturers like Toyota and Hyundai have managed better than others, such as Mercedes, which faced a significant sales decline. The video also addresses the difficulty in forecasting future market conditions due to ongoing adverse factors.

What was the impact of the semiconductor chip demand on automakers?

What challenges do manufacturers face in forecasting future supply chain stability?