LONDON – The global chip shortage is constant to wreak havoc at among the world’s largest carmakers.

Britain’s Jaguar Land Rover introduced Thursday that it has been compelled to cease automobile manufacturing for a “restricted interval” at its Fortress Bromwich and Halewood manufacturing vegetation in England on account of the chip scarcity, which has been happening for a number of months now.

“Like different automotive producers, we’re at present experiencing some Covid-19 provide chain disruption, together with the worldwide availability of semi-conductors, which is having an affect on our manufacturing schedules and our skill to fulfill international demand for a few of our automobiles,” a spokesperson advised CNBC.

They added: “We’re working carefully with affected suppliers to resolve the problems and decrease the affect on buyer orders wherever doable.”

The Coventry-headquartered agency — which produces automobiles like the favored Vary Rover Evoque, the enduring Land Rover Defender, and the Jaguar F-Tempo SUV — stated manufacturing will proceed at its Solihull plant close to Birmingham whereas its different factories are out of motion.

Jaguar Land Rover’s announcement comes simply two months after the company announced it was going to chop 2,000 non-factory jobs.

It additionally comes a day after Mercedes-maker Daimler said it’s reducing the hours of as much as 18,500 staff and pausing manufacturing at two vegetation in Germany. Daimler stated the pause will begin on Friday and final for a minimum of per week.

“At present, there’s a worldwide provide scarcity of sure semiconductor parts,” a spokesperson reportedly advised Reuters. “We proceed to play issues by ear.”

“The scenario is risky, so it isn’t doable to make a forecast concerning the affect,” they added.

Elsewhere in Europe, French automobile large Renault said Thursday that its gross sales in the latest quarter had been hit by the semiconductor scarcity.

In a bid to mitigate the affect, the corporate has pledged to deal with its most worthwhile fashions and improve costs.

In the meantime, Sweden’s Volvo said Thursday that it anticipates extra threat from the “unstable” chip provide chain. The automotive agency has already been compelled to halt truck manufacturing and idle vegetation.

“The worldwide provide chain for semiconductors in addition to for different parts stays very unstable and the uncertainty concerning the growth is excessive,” Chief Govt Officer Martin Lundstedt stated in Volvo’s first-quarter report. “We keep our readiness to extend manufacturing when doable.”

Shares of Renault had been down virtually 2% throughout Thursday afternoon buying and selling in Paris, whereas Daimler was down round 1% on Frankfurt’s primary market. Volvo was up round 2%.