Carmakers are mistaken if they think chip shortages are over – they need to reinvent themselves while there's time
- Written by Howard Yu, Professor of Management and Innovation, International Institute for Management Development (IMD)
Finally, carmakers got a break. Those in the UK boosted their output by over 13% in February as supply-chain pressures subsided, especially the persistent global shortage in microchips, also known as semiconductors. This “signals an industry on the road to recovery”, declared UK motoring trade association...