Chaos in Supply Chain Won’t Last, Top Nissan Supplier Says

09/03/2021

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Shiho Takezawa and Tsuyoshi Inajima | Bloomberg News

Auto-parts maker Jatco Ltd., majority-owned by Nissan Motor Co., said supply-chain issues disrupting the industry won’t last much longer and carmakers will be able to ramp up production again this fiscal year.

“Automakers will definitely recover in the latter half” of the year through March, Jatco Chief Executive Officer Teruaki Nakatsuka said in an interview, noting that current supply-chain challenges caused by the pandemic and global semiconductor shortage are “beyond all of our expectations” and “a bit like force majeure.”  

For now, automakers continue to battle a global chip shortage, with Nissan and the likes of Ford Motor Co., Stellantis NV and General Motors Co. forced to idle some of their factories. IHS Markit forecasts that the semiconductor shortage will extend into next year, a view shared by GM CEO Mary Barra.

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