Continental CFO Sees Chip Shortage Continuing Into 2022

Continental CFO Sees Chip Shortage Continuing Into 2022

Assessment

Interactive Video

Business, Information Technology (IT), Architecture, Engineering

University

Hard

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The transcript discusses the ongoing chip shortage affecting the auto industry, with expectations of continued impact into 2022. Businesses are adapting through various strategies, including dual supply and inventory adjustments. The transition to electric vehicles is seen as positive for the tire division, offering opportunities for differentiation. Despite increased competition from car manufacturers producing components in-house, there remains significant business for suppliers. The impact of COVID-19, particularly the Delta variant, on manufacturing facilities is also addressed, with measures in place to ensure safety.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected trends regarding the chip shortage in the second half of the year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How is the demand for cars affecting the chip shortage situation in 2022?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures are being taken by businesses to adapt to the chip shortage?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What long-term changes are businesses considering in response to the chip shortage?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How are input cost increases impacting the pricing strategies of products?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How are manufacturing facilities managing the challenges posed by the Delta variant?

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