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Chip shortage: Toyota to cut global production by 40%

bbc.com

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Re: Chip shortage: Toyota to cut global production by 40%

#391

Post by aembleton »

cuu508 wrote: post #117
josephd79 wrote: post #86

Earlier quoted context omitted.

probably not, regulation and crack down on pollution from vehicles. Have you ever rode in an older car that uses a carburetor instead of fuel injection? Nothing like the crisp smell of gasoline in the morning... or anytime you drive it.

Of course, you need some electronics. Let's rephrase: which cars from western mainstream manufacturers are currently the "lowest tech"? No infotainment, no digital dash, no touch-sensitive anything, as few sensors as is viable to still be road legal? And a related question: modern cars are full of tech because that's what market demands. Can we expect the trend to reverse at some point?

Probably the Dacia Sandero https://www.dacia.co.uk/vehicles/sandero.html

Go for the Access version and you don't even get a radio.

Re: Chip shortage: Toyota to cut global production by 40%

#392

Post by imtringued »

nicoburns wrote: post #326
mathattack wrote: post #297

Earlier quoted context omitted.

Just the opposite. Need to let people raise prices to encourage slack in the system. Let’s prices settle where chip makers can produce new chips. There are market failures where the government needs to step in, but this isn’t one. Even with climate change (where they should step in) the government can’t get to the point of saying it’s ok for gas prices to be high. We don’t want the government to pick winners and lose…

What makes you think the most critical uses have the most money to pay for chips? I'd imagine there's a lot of crappy (or in any case not critical) consumer products that have much higher margins.

There is more money in consumer markets because there are more customers, not because each customer can pay more. It's usually businesses that spend big on individual purchases.

Re: Chip shortage: Toyota to cut global production by 40%

#393

Post by sonthonax »

shadowgovt wrote: post #389
Scoundreller wrote: post #328

Many countries have a funny concept of strategic industries. In mine, dairy is a strategic industry that is coddled by government so that we can have a local source. But every country thinks that so there’s foes and allies that can supply us UHT or powder milk on a moment’s notice. And if our milk supply disappeared tomorrow, everyone over 1y could substitute with 10000000 different things for nutrition. Cars are ano…

> Every country props up its auto industry, so why worry about a domestic supply? War. In the event a war breaks out, a running auto plant can be re-tooled relatively rapidly into a light and heavy armor plant. It's not even a question of whether allies could supply tanks and troop transports; it's about having domestic capacity to make them because enemies could execute blockades and disrupt allied resource supply.

Is that still true now?

Re: Chip shortage: Toyota to cut global production by 40%

#395

Post by kevin_nisbet »

Scoundreller wrote: post #328

Many countries have a funny concept of strategic industries. In mine, dairy is a strategic industry that is coddled by government so that we can have a local source. But every country thinks that so there’s foes and allies that can supply us UHT or powder milk on a moment’s notice. And if our milk supply disappeared tomorrow, everyone over 1y could substitute with 10000000 different things for nutrition. Cars are ano…

Yea this is very interesting. I suspect another side to this though is I don't know that one country can easily or safely not participate in this chosen industry support.

Especially in capital intensive industries, say cars, all of the competing countries are propping up or bailing out their auto industries. So even if companies should theoretically die and get replaced, there is a structural disadvantage as the competition in other countries has an insurance policy against companies failing (bailout / subsidy / tariffs / strategic protection / etc).

Re: Chip shortage: Toyota to cut global production by 40%

#396

Post by baybal2 »

PaywallBuster wrote: post #378
baybal2 wrote: post #349

Earlier quoted context omitted.

> Extra points by diversifying from China/Taiwan Take a look on the linkedin jobs in Shenzhen. The trend IS NOT towards diversification. In the last 5 years since Trump's election, US multinationals were increasing their presence in China, not decreasing. Google for example said to open "a small representative office" in Shenzhen 2 years ago, now it's a full giant RnD centre in the Ping An Tower where they shipped al…

We're talking about supply chain here e.g. Foxconn investing in capacity outside of China (India) and Apple being part of it (as customer)

Having your essential RnD office shut down, if something happens to/in China, would not be any much less ugly, and disruptive than having your access to microchips shut down.

In other words, the Silicon Valley is still going all in on China, despite 4 years of Trump, public scorn, trade war, rising costs etc.

In other words, they really gave up on any vision where they don't critically depend on China, and can run with critical assets in US only.

Re: Chip shortage: Toyota to cut global production by 40%

#397

Post by frockington1 »

throw0101a wrote: post #173
vvarren wrote: post #2

This so-called “transitory inflation” is really starting to seem like it will parlay into full blown inflation.

> This so-called “transitory inflation” is really starting to seem like it will parlay into full blown inflation. A lot of the people screaming about inflation were doing so using the argument that there's too much spending and the "excess" money supply will cause the US to turn into Zimbabwe ( Fed printers go brrrrrr ): demand-pull inflation. The price fluctuations caused pandemic-related supply issues (cost-push in…

The Fed doesn't seem to care about inflation adding even more burden to the poor. But hey, at least all the asset rich political donors are happy

Re: Chip shortage: Toyota to cut global production by 40%

#398

Post by shadowgovt »

sonthonax wrote: post #393
shadowgovt wrote: post #389

Earlier quoted context omitted.

> Every country props up its auto industry, so why worry about a domestic supply? War. In the event a war breaks out, a running auto plant can be re-tooled relatively rapidly into a light and heavy armor plant. It's not even a question of whether allies could supply tanks and troop transports; it's about having domestic capacity to make them because enemies could execute blockades and disrupt allied resource supply.

Is that still true now?

Great question. It's still doctrinally true (i.e. governments believe it is true; it was one of the reasons cited for the US federal government buying key stake in domestic auto manufacturers instead of letting them go bankrupt during the real estate market crash), but whether light and heavy armor is actually of military worth in an era of drones and air power is a question I don't have the military training or knowledge to answer.

Re: Chip shortage: Toyota to cut global production by 40%

#399

Post by fartcannon »

xyzelement wrote: post #244
fartcannon wrote: post #227

Earlier quoted context omitted.

When I was in my early 20s, someone gave me this exact advice. I didn't have much money and they said that real estate was too expensive and I should just invest/rent. Fast forward to today, I paid 8x more for my small sad house than I would have then and my investments on my small amount of money didn't make up the difference. The market is so screwed up that even a crash that halved the price would still be 4 times…

Finance guy here, two things. You are looking at it in retrospect. "I should have bought a house" is no different than "I should have bought X stock" when you're looking at the price history backwards. At the time, it could have gone up or down. EG we just bought a house, I have many reasons to expect that it could drop in value over the next bunch of years. Second, you may not be doing proper calculations. I would n…

Whatever helps you sleep at night :D

My parents bought a detatched home at 20 with minimum wage jobs. I bought a townhouse at 40 with a high paying career. My kid is going to be 60 by the time he can afford a home.

It's fucked. Buy now.

Re: Chip shortage: Toyota to cut global production by 40%

#400

Post by anotherman554 »

adventured wrote: post #390
MagicWishMonkey wrote: post #290

Earlier quoted context omitted.

I wonder how many of these people rant about how bad the government is while using GPS to navigate their way to work on government funded roadways.

They can't even manage a trivial task like maintaining roads and bridges properly. You could have hardly picked a worse example than the government roads system (including our thousands of dilapidated bridges), which is in absolutely horrific condition and is a humiliating example for the government. It's the opposite of a good example. That's all due to lack of funding, one might suggest? They're not lacking for fun…

US private corporations maintaining roads implies a society like the one depictive in the Robocop movies. It's fun to see you prosing that unironically.
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