A return to more general supplies of semiconductors would allow Mexican car makers to increase their use of installed capacity.
see photosAMIA has previously estimated that production will not return to pre-pandemic levels until the end of 2023 or in 2024
The Mexican Automotive Industry Association (AMIA) said on Tuesday that a global semiconductor shortage that has weighed on Mexico’s auto sector should return to normal throughout the year and chip supplies should reach pre-pandemic levels in the second half of 2022. .
“We expect semiconductor shortages to be stable throughout the year and toward the second semester they may return to the levels we had before the pandemic,” AMIA chief Fausto Cuevas told a news conference.
Mexico’s auto production and exports fell in January from a year earlier, official data from last week showed, a seventh straight monthly decline, as the shock of the COVID-19 pandemic and semiconductor shortages battered the sector.
A return to more general supplies of semiconductors would allow Mexican car makers to increase their use of installed capacity.
“It seems to me that every time there is an adequate supply (of semiconductors), carmakers tend to recover their previous capacity levels as quickly as possible,” Cuevas said.
Vehicle production fell 2 percent in 2021 compared to 2020, the fourth consecutive annual drop, as semiconductor shortages in recent months prompted automakers in Mexico and the rest of North America to implement rolling shutdowns, cut production. inspired to.
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AMIA previously estimated that production would not return to pre-pandemic levels until the end of 2023 or in 2024.
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