Chip shortage shuts down Daimler plant in Hungary till May 2
A shortage of chips has shut down German carmaker Daimler's plant in Hungary until May 2, state news wire MTI reports citing a local news portal.
Baon.hu, the news portal for Bács-Kiskun County, home to the Daimler plant, learned that production stopped on Wednesday and the shutdown would last until May 2.
Mercedes-Benz Manufacturing Hungary would neither confirm nor deny the shutdown.
Business daily Világgazdaság noted in its Friday issue that Daimler had cut hours at plants in Germany because of the global chip shortage.
Daimler turned out more than 160,000 vehicles at its plant in Hungary last year.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.