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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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<blockquote data-quote="Weather Man" data-source="post: 16620006" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3695970-nissan-to-make-500k-fewer-vehicles-this-year-than-planned-due-to-chip-shortage" target="_blank">Nissan to make 500K fewer vehicles this year than planned due to chip shortage</a></p><ul> <li data-xf-list-type="ul">Nissan (<a href="https://seekingalpha.com/symbol/NSANY" target="_blank">OTCPK:NSANY</a>) warns that it will <a href="https://www.cnbc.com/2021/05/13/nissan-to-make-half-a-million-fewer-cars-in-2021-due-to-chip-shortage.html" target="_blank">produce</a> about half a million fewer vehicles this year than originally planned due to the impact of the global chip shortage.</li> <li data-xf-list-type="ul">CEO Makoto Uchida says the Japanese automaker will take steps to try to get production back on track.</li> <li data-xf-list-type="ul">The latest projections on the global chip shortage indicate the issue could be a major factor in 2022 as well.</li> <li data-xf-list-type="ul">During the recent earnings call, Uchida discussed ways the company was looking to offset the production shortfall.</li> <li data-xf-list-type="ul">"Despite headwinds, we have reduced our losses more than we forecasted due to accelerated transformation, focused on rationalization and quality of sales while enhancing investments in new products and new technologies," he stated.</li> <li data-xf-list-type="ul"><a href="https://seekingalpha.com/article/4427353-nissan-motor-co-ltd-nsany-ceo-makoto-uchida-on-q1-2021-results-earnings-call-transcript" target="_blank">Nissan earnings call transcript.</a></li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16620006, member: 137766"] [URL='https://seekingalpha.com/news/3695970-nissan-to-make-500k-fewer-vehicles-this-year-than-planned-due-to-chip-shortage']Nissan to make 500K fewer vehicles this year than planned due to chip shortage[/URL] [LIST] [*]Nissan ([URL='https://seekingalpha.com/symbol/NSANY']OTCPK:NSANY[/URL]) warns that it will [URL='https://www.cnbc.com/2021/05/13/nissan-to-make-half-a-million-fewer-cars-in-2021-due-to-chip-shortage.html']produce[/URL] about half a million fewer vehicles this year than originally planned due to the impact of the global chip shortage. [*]CEO Makoto Uchida says the Japanese automaker will take steps to try to get production back on track. [*]The latest projections on the global chip shortage indicate the issue could be a major factor in 2022 as well. [*]During the recent earnings call, Uchida discussed ways the company was looking to offset the production shortfall. [*]"Despite headwinds, we have reduced our losses more than we forecasted due to accelerated transformation, focused on rationalization and quality of sales while enhancing investments in new products and new technologies," he stated. [*][URL='https://seekingalpha.com/article/4427353-nissan-motor-co-ltd-nsany-ceo-makoto-uchida-on-q1-2021-results-earnings-call-transcript']Nissan earnings call transcript.[/URL] [/LIST] [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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