Nissan expects chip, parts crunch to extend until at least mid-2022

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Nissan expects chip, parts crunch to extend until at least mid-2022
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Nissan expects global supply chain constraints and the sector-wide semiconductor shortage to continue until at least the middle of 2022, putting pressure on production, the Japanese carmaker's chief operating officer said on Tuesday

A parts and chip shortage, caused in part by pandemic-driven disruptions in moving freight and an unexpected recovery in demand, has created headaches for carmakers globally.

Nissan, which like other big global carmakers has been forced to cut production because of the shortage of semiconductors and other components, expects to make 3.8-million cars this year, down from an original target of 4.4-million.

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