Red Sea crisis continues to affect automotive supply chain: Michelin, Volvo, Tesla and Geely

cie automotive montaje

Norbolsa | The Red Sea crisis continues to affect the automotive supply chain. Michelin was one of the first suppliers to be affected by the lack of rubber, while more recently Volvo, Tesla and Geely have also been hit by shortages.

Meanwhile, Stellantis said it is using air transport to cope with temporary supply disruptions, while Volkswagen announced that it does not expect “significant” restrictions on production.

Visibility remains limited, but the industry is expected to be disrupted as major shipments (especially from China) pass through.

About the Author

The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.