“To put it bluntly: chip shortages were yesterday, Ukraine is today,” says the managing director. “Enormous problems are foreseeable tomorrow and the day after tomorrow, because the corona lockdown in Shanghai is currently severely affecting operations in the world’s most important seaport.”
Repairs and maintenance for the car can now be significantly more expensive. “In particular, the purchase of motor oils and important wearing parts has become dramatically more expensive for us recently,” the head of a large multi-brand group told Business Insider. Therefore one is “often already forced to charge the customers for the hefty surcharges”. And for them it will soon be even more expensive.
The manager’s gloomy expectation, according to Business Insider: “Even after the pandemic has ended, the Chinese will hold back many car parts that are actually intended for export because of their immense own needs.”