{"id":120985,"date":"2021-09-06T23:10:14","date_gmt":"2021-09-06T23:10:14","guid":{"rendered":"https:\/\/fin2me.com\/?p=120985"},"modified":"2021-09-06T23:10:14","modified_gmt":"2021-09-06T23:10:14","slug":"bmw-ceo-expects-chip-supply-to-remain-tight-for-another-6-12-months","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/bmw-ceo-expects-chip-supply-to-remain-tight-for-another-6-12-months\/","title":{"rendered":"BMW CEO expects chip supply to remain tight for another 6-12 months"},"content":{"rendered":"

New BMW feature making it more fun to drive?<\/h2>\n

BMW’s new gee-whiz feature<\/p>\n

BMW (BMWG.DE) expects supply chains to remain tight well into 2022, Chief Executive Oliver Zipse said on Monday, squashing hopes that a painful shortage of crucial semiconductors will end soon.<\/p>\n

<\/picture>\n

BMW CEO Oliver Zipse visits the BMW vaccination centre as the German car manufacturer starts to provide coronavirus disease (COVID-19) vaccinations for staff, in Munich, Germany, June 7, 2021.<\/span> (REUTERS\/Andreas Gebert \/ Reuters Photos)<\/span><\/p>\n

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"I expect that the general tightness of the supply chains will continue in the next 6 to 12 months," he said at the IAA Munich car show.<\/p>\n\n\n\n\n\n\n
Ticker<\/th>\nSecurity<\/th>\nLast<\/th>\nChange<\/th>\nChange %<\/th>\n<\/tr>\n<\/thead>\n
BMWYY<\/td>\nBAYERISCHE MOTOREN WERKE AG<\/td>\n31.48<\/td>\n+0.07<\/td>\n+0.24%<\/td>\n<\/tr>\n
<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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Zipse, who like other car executives is battling lower production due to a lack of semiconductors, said he saw no issues in the long-term, adding that the automotive industry was an attractive client for chipmakers.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New BMW feature making it more fun to drive? BMW’s new gee-whiz feature BMW (BMWG.DE) expects supply chains to remain tight well into 2022, Chief Executive Oliver […]<\/p>\n","protected":false},"author":3,"featured_media":120984,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nBMW CEO expects chip supply to remain tight for another 6-12 months - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/bmw-ceo-expects-chip-supply-to-remain-tight-for-another-6-12-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BMW CEO expects chip supply to remain tight for another 6-12 months - Fin2me\" \/>\n<meta property=\"og:description\" content=\"New BMW feature making it more fun to drive? 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