If you talk about Pakistan, due to Covid-19, there was a very small cell of vehicles there for almost a year, but as soon as the situation improved then another problem came to the fore.
Production of all automobile manufacturers has come to a standstill due to Corona epidemic in India. But if our neighbor country talks about Pakistan, then the production of vehicles here is being locked for some other reason. The main reason is the lack of microprocessor. Due to this, car makers companies are constantly facing problems due to this in Pakistan.
If you talk about Pakistan, due to Covid-19, there was a very low cell sales of vehicles there for almost a year. But with the improvement in the situation, there has been a spurt in the sale of vehicles. However, due to the sudden increase in demand, there has been a decrease in the microprocessor i.e. the micro-chip used by the car makers.
Explain that silicon chips and software have been used to make cars for decades. These chips are used for digital display, multiple intelligent systems, electronic functions and GPS / internet connectivity. In such a situation, it is difficult to produce a car without these chips. So now all car makers companies have to stop production.
Car demand increased in Pakistan in few months
The automobile industry in Pakistan has gained momentum after the Corona epidemic. There has been an increase in demand for cars in the last few months. But since the chip-makers supply-chain is affected, car companies have to adjust their production in all countries, including Pakistan.
Due to this global challenge, new companies of the automobile industry of Pakistan are also having trouble in production, which is not in their control. These are the companies which have original equipment manufacturers and automobile-producers and have made huge investments in Pakistan recently. But in the beginning of his business, he is facing trouble due to the chip.
Jobs can go because of these things
According to the report of Pakistan’s Nation.com, where the lack of this chip has created trouble for companies having a strong hold in Pakistan. At the same time, this will also affect foreign direct investment in Pakistan. Today, global car companies such as General-Motors, Ford, Volkswagen, Honda and Toyota etc. are estimating loss of sales of $ 61 billion. This year there will be production of about 8 lakh fewer vehicles, which is a big loss and will also lead to jobs.
Chip will have to wait so much
If we talk about the waiting period of the chip, then it has been increased from 12 weeks to 26 weeks due to which the speed of production of electronic components has been reduced or stopped in many industries. At the same time, due to the chip not being available, the price of digital and electronic products has increased by 5 to 20 percent.
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