Read “The Global Chip Shortage in the Auto Industry” case attached, and then address the following questions.

April 17, 2023April 17, 2023 Discipline: International Affairs/Relations

Read “The Global Chip Shortage in the Auto Industry” case attached, and then address the following questions. 

The global chip shortage in the auto industry 17.pdf
 
QUESTION 1: What does the global shortage of semiconductor chips suggest about the future of supply chains in the auto industry?
QUESTION 2: How was Toyota able to minimize the downsides of the global chip shortage on its production? What can other companies learn from Toyota?
QUESTION 3: As the world moves away from traditional combustion engine vehicles and towards electric vehicles, the number of semiconductor chips required in each car will increase. Should automakers continue to outsource their chips or move to in-house production?
Your well-written paper should be two to three double-spaced pages in length, not including the title or reference pages. Ensure proper grammar and punctuation and conform to APA 7th ed. guidelines.

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