News / Auto logistics firms say microchip shortage threatens their 'very existence'

© Elena Shishkina

Automotive logistics players have warned that their “very existence” is under threat from the shortage of microchips.

With inventories nearly at zero, factories closing without notice and a significant drop in volumes, LSPs are facing a crisis, according to the Association of European Vehicle Logistics (ECG).

Lack of visibility into manufacturing has become a serious problem, it added.

“The industry has never been so unpredictable, and planning has become impossible with supply chain visibility in vehicle manufacturing almost non-existent in the lower tiers. ...