Chip shortage: Toyota to cut global production by 40%
1–10 of 720 posts
Re: Chip shortage: Toyota to cut global production by 40%
#2This so-called “transitory inflation” is really starting to seem like it will parlay into full blown inflation.
Re: Chip shortage: Toyota to cut global production by 40%
#3This so-called “transitory inflation” is really starting to seem like it will parlay into full blown inflation.
How is this related to the chip shortage and Toyota?
Re: Chip shortage: Toyota to cut global production by 40%
#4Re: Chip shortage: Toyota to cut global production by 40%
#5Re: Chip shortage: Toyota to cut global production by 40%
#6Good! Toyota has been sabotaging clean cars because they can't compete [1][2].
Most well known car brands have great electric cars now, but Toyota and their oil lobby buddies are trying to halt the progress. The decline of Toyota sales is good news for the world.
[1] https://www.nytimes.com/2021/07/25/climate/toyota-electric-h...
[2] https://insideevs.com/features/524481/toyota-hybrid-pioneer-...
Re: Chip shortage: Toyota to cut global production by 40%
#7Toyota was one of the few (only?) companies to keep a large stockpile of chips on hand to continue production in case of a supply interruption. They kept something like two years worth on hand.
I guess 18 months of doing the extremely heavy lifting for the whole industry has taken its toll and now they're in the same boat.
Re: Chip shortage: Toyota to cut global production by 40%
#8Earlier quoted context omitted.
When the supply of goods goes down, it pushes prices up.
But inflation has to do with the supply of money, not the supply of goods, right? Genuine question
It's is often talked about that way: Wikipedia at least defines it as a general price increase. And that still gives you many of the same effects as a money-supplu-triggered inflation. Many annuities are worth less. The dollars in a savings account are worth less. The minimum wage becames worth less...
Re: Chip shortage: Toyota to cut global production by 40%
#9Earlier quoted context omitted.
When the supply of goods goes down, it pushes prices up.
But inflation has to do with the supply of money, not the supply of goods, right? Genuine question
Inflation is just when prices go up, for whatever reason. Increased supply of money can cause it (and does more often than not), but decreased supply can also do that as it moves the price equilibrium. Unfortunately we have a bit of both at the moment, money supply shot up and lots of supply chains slowed down.
Re: Chip shortage: Toyota to cut global production by 40%
#10As a chip supplier, I'd be feeling a lot of pressure right now. In the short term you can squeeze and the tail can wag the dog for a bit. But longer term this opens the door wide open for new competitors in the market and / or vertical integration.