[HN Gopher] Car manufacturing hit by global semiconductor shortage
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       Car manufacturing hit by global semiconductor shortage
        
       Author : kjhughes
       Score  : 95 points
       Date   : 2021-01-08 16:23 UTC (6 hours ago)
        
 (HTM) web link (www.ft.com)
 (TXT) w3m dump (www.ft.com)
        
       | dboreham wrote:
       | Just-in-time not so smart now eh?
        
         | bsder wrote:
         | Just-in-time inventory has another name.
         | 
         | Always-late inventory.
        
         | karmakaze wrote:
         | I was thinking why not make cars like cars, not smartphones. I
         | hate when a car after a number of years is still perfect except
         | for the extra bells and whistles.
        
           | boddhi wrote:
           | Well there's a lot of safety features that require
           | semiconductor components. Back up cameras, collision warning,
           | lane assist, brake assist, tire pressure warning, etc. Humans
           | are bad drivers.
        
           | mywittyname wrote:
           | JIT manufacturing predates smartphones by a good decade or
           | two.
        
         | [deleted]
        
       | mistrial9 wrote:
       | car manufacturing mysteriously hits unsolveable shortage at the
       | very same time as industry-wide regulatory changes regarding
       | carbon emissions are now inevitable ?
        
       | cassepipe wrote:
       | Am I wrong to think it is a good thing ?
        
         | maxerickson wrote:
         | It won't mean much long term, it's more of a manufacturing
         | shortfall than a shortage.
         | 
         | The distinction I'm drawing is hand-wavy, but the point is that
         | it's a planning disruption rather than a resource limit or
         | whatever.
        
           | jfoutz wrote:
           | Good distinction. The difference between eating all of dinner
           | and still being hungry, versus eating all the food in the
           | house and still being hungry. Hand waving metaphor, but more
           | visceral.
        
             | DoofusOfDeath wrote:
             | Awesome multilayered use of "visceral".
        
         | bonestamp2 wrote:
         | Not necessarily. Fewer cars is good for the environment. But,
         | auto manufacturing, transportation, financing and sales are a
         | huge part of the economy.
        
       | andrewtbham wrote:
       | paywall?
        
         | mgh2 wrote:
         | https://www.usa-vision.com/car-manufacturing-hit-by-global-s...
        
         | airstrike wrote:
         | Google the headline and click through. FT doesn't block links
         | referred from google.com
        
           | [deleted]
        
       | bradfa wrote:
       | At least in the USA, due to COVID there has been lower than
       | normal new car inventory at dealerships for the second half of
       | 2020. This drove new car prices up which in turn drove used car
       | prices up.
       | 
       | At the end of 2020 it seemed like the inventory problems for new
       | cars might be coming to a close in early 2021, but if this
       | shortage of semiconductors is real then maybe early 2021 still
       | won't see new and used car prices come back down for a bit
       | longer.
        
         | namdnay wrote:
         | The whole "dealer inventory" thing seems so strange as an
         | outsider. Is it specific to the US? Or North America? In Europe
         | (or at least the European countries I've been in) and Japan,
         | you go to the dealer, they will have a few showroom and test
         | cars, and then you sit down, spec your car, haggle the price
         | (this is changing in Europe with third parties who will
         | negotiate for you), and then wait for your car to come out of
         | the factory
         | 
         | From time to time there will be a showroom car on sale that
         | matches, especially if you're near the end of that generation
        
           | throwaway201103 wrote:
           | In the US (and I assume also Canada) it's almost the exact
           | opposite. Custom order cars are possible, but rare. The vast
           | majority of new cars sold are built with a factory-chosen set
           | of options and sold from dealer inventory. Transferring a car
           | from another nearby dealer if needed is also fairly common,
           | if they had the particular color or option group the buyer
           | wanted but the local dealer didn't.
        
         | mywittyname wrote:
         | Used car price drops lag new car sales, since used cars cascade
         | through the market for years.
        
           | Baeocystin wrote:
           | Used car pricing went sideways after the cash for clunkers
           | program, and the market still hasn't re-normalized, at least
           | here in California. I'm surprised at how long the effects are
           | lasting.
        
         | eulers_secret wrote:
         | Drove up new car prices, too: https://economics.td.com/us-
         | vehicle-sales
         | 
         | "From an automotive standpoint, dealership inventory remains
         | lean - currently sitting at a nine-year low and down 22% for
         | year-ago levels - which has already led to some reversal in the
         | very generous summer incentives", which indicates higher
         | prices. I couldn't find pricing data.
         | 
         | This new shortage + current shortages + low interest rates =
         | high prices on used/new. I was thinking of buying something
         | last year, but now I think I'll wait until '22 or '23. (or if I
         | can WFH, never!)
        
           | vecinu wrote:
           | > I couldn't find pricing data.
           | 
           | https://www.cargurus.com/Cars/price-trends/ is a good
           | reference for following used car pricing trends. All signs
           | point to them going up and barely flattening now.
        
           | bradfa wrote:
           | Yeah, I was also hoping to buy a vehicle in 2020 but ended up
           | holding off due to not driving nearly as much now and due to
           | the prices going up. I was hoping prices would come back down
           | in 2021 but we shall see...
        
             | aNoob7000 wrote:
             | I'm complete confused about the economy in the United
             | States. You look at the news and all you hear about is the
             | enormous amount of financial pain families are going
             | through at this time. But then you hear about cars and
             | trucks flying off of dealership lots.
             | 
             | I guess I'll be holding onto my 2011 Honda Odyssey until it
             | catches fire on the road.
        
               | pkaye wrote:
               | I've heard its a K-shaped recovery. Some parts recovered
               | quickly but others didn't. For example service and
               | tourism didn't. But tech and construction is less
               | impacted.
        
               | aidenn0 wrote:
               | The average income (including stimulus checks) in the US
               | went up, while at the same time lots of people losing
               | their jobs. People who didn't lose their jobs (or have
               | their hours curtailed), are doing significantly better
               | because they aren't spending as much money _and_ got
               | stimulus checks.
               | 
               | Meanwhile those who did lose their jobs are screwed.
               | These people were probably also poorer before COVID hit,
               | so fewer of them would have bought a _new_ car absent
               | COVID anyways.
               | 
               | This is also why the stock market can't seem to crash;
               | bond yields are super low, and there is more money being
               | saved (and thus looking for investments) than ever.
               | 
               | That's been the problem in the US for the past 45 years
               | or so. We have a lot of wealth, it's just not
               | particularly evenly distributed. Every single financial
               | shock in my lifetime has made the problem worse.
        
               | WrtCdEvrydy wrote:
               | > my 2011 Honda Odyssey until it catches fire on the
               | road.
               | 
               | Good luck, I bought a 2005 toyota corolla with the idea
               | of driving it until it died. I am now concerned the car
               | will bury me instead.
        
               | wing-_-nuts wrote:
               | >I am now concerned the car will bury me instead.
               | 
               | No that's the toyota krushchev
        
       | jcpham2 wrote:
       | Family members works in parts quality (PQ) at a major automotive
       | manufacturer.
       | 
       | Once they crash the car and build the car to conform to the
       | regulatory framework - the manufacturer of the parts in the car
       | can't change. You must use the same Nippon semiconductors etc.
       | 
       | That's the simple explanation I was told.
        
         | garyfirestorm wrote:
         | only for things that actually affect crash safety. you can
         | change radio without any issues.
        
         | taneq wrote:
         | So even the small electronic components are locked in after the
         | vehicle passes crash testing? That seems weird, I wouldn't have
         | thought that the IC you use on the indicator modules (say)
         | would affect the crashworthiness, especially if you're
         | replacing like with like.
        
           | edwinbalani wrote:
           | Crash testing will be part of a wider testing plan. The logic
           | there is that you have shown all the tests to pass using that
           | particular hardware+software configuration. Only that
           | configuration (and any future ones you put through testing,
           | verification and validation) is what you're allowed to ship
           | to customers.
           | 
           | (I work in a regulated environment, but not automotive, and
           | we run into the same barriers, often for even minor changes.
           | We work agile, but changes will get released in planned
           | batches every few months, rather than shipping instantly. For
           | automotive, I'm guessing their update cadence would be every
           | model year.)
        
           | colechristensen wrote:
           | And if the IC on the indicator gets changed out and the new
           | one causes interference which leads to the airbags not
           | deploying in a crash?
           | 
           | Building things which can have small defects that kill people
           | is just a different game.
        
             | throwaway201103 wrote:
             | Yet we allow people to replace almost any part on the car
             | themeselves, with varying grades of quality made by
             | aftermarket or OE manufacturers. Brakes, suspension
             | components, body panels, electical components, etc.
             | purchased from Amazon and made somewhere in China. Once
             | it's in the customer's hands, it seems a lot of those rules
             | go out the window.
        
               | benibela wrote:
               | In Germany you are not allowed to change the car
               | 
               | E.g. there are these additinonal brake lights one could
               | place at the top of the rear window. For a long time it
               | was illegal to use them, even if you just glued them on
               | the inside
        
           | seabird wrote:
           | These things aren't microservices for a dating app that is
           | going to fold in two years. The core of working in any
           | safety-critical field is strict empiricism. You have to
           | accept how little you know and not believe anything you
           | haven't seen with your own eyes (and even then, it's wise to
           | distrust what you've seen). To believe that you have
           | predicted all of the thousands of scenarios that will arise
           | out of "just one small change" and forego testing is a good
           | way to surprise somebody an early trip to the pearly gates.
        
         | iancmceachern wrote:
         | You can change them, it just comes with a lot of design,
         | testing, V&V and Manufacturing work to satisfy the needs of a
         | robust QMS system for a regulated environment.
        
           | _trampeltier wrote:
           | Yes, that is true. I work in a factory who makes (mechanic)
           | car parts. For example, if we buy a new machine, we have to
           | send some pieces to the car company and they do some tests
           | again. If think it is more, because who will pay the recall
           | of all cars, if the new part is not in spec.
        
             | flybrand wrote:
             | PPAP - production part approval process
             | 
             | https://en.m.wikipedia.org/wiki/Production_part_approval_pr
             | o...
        
         | sonium wrote:
         | Actually there is quite a lot of change going on. German car
         | manufacturers have standardised on the so called delta-
         | qualification-matrix [1] which basically says what kind of
         | tests should be done to before implementing an change (which
         | can be anything from nothing if e.g. the label print of a
         | semiconductor changes up to a full retest of the whole ECU).
         | 
         | But its probably that there is just no alternatives on the
         | market, since Ties Ones have extensive supply chain management
         | with second and third sources for the majority of
         | semiconductors.
         | 
         | 1: https://www.zvei.org/en/subjects/mobility/product-process-
         | ch...
        
         | xvf22 wrote:
         | Tesla seem to do a lot of running changes, are they certifying
         | each one?
        
           | tobyjsullivan wrote:
           | I don't see why they'd be exempt, generally. Obviously they
           | only need to certify the changes that make it to production
           | but, yeah, that still seems like more than other automakers.
           | 
           | I'm guessing one advantage Tesla has over traditional
           | automakers is their entire company has been built around the
           | existing regulatory environment. I'd be willing to bet their
           | recertification process is quite streamlined compared to
           | companies that have iteratively patched it on to their
           | tradition vehicle design processes. Just a guess though; I
           | have no background knowledge on this topic.
        
             | turbinerneiter wrote:
             | The traditional automakers are the ones making the
             | regulation, trough lobbying (in the good and bad sense of
             | the world). There isn't a regulation passed on the car
             | industry that the car industry isn't part of writing.
             | 
             | I highly doubt that the traditional carmakers are slowed
             | down by regulations.
             | 
             | Would be cool to find someone who has actual insights to
             | ask this.
        
               | mywittyname wrote:
               | There are lots of mechanisms to fast-track changes. If
               | Ford changes the headlight assembly on the next year
               | Mustang, they don't go and crash the car again. They (or
               | a supplier) fill out the certification form showing that
               | their testing indicates the new headlight assembly abides
               | by all the regulations imposed on vehicles, and submit it
               | to the relevant state and federal bodies.
               | 
               | You can generally tell what revisions are straight-
               | forward to certify and which are not by noting common
               | year-to-year changes in a model.
        
             | brundolf wrote:
             | "Continuous [Regulatory] Integration"
        
               | vslira wrote:
               | Frankly it's a brilliant innovation, assuming that's the
               | case. Applying new regulations _quicker_ is definitely a
               | moat in a heavily regulated environment, as long as it 's
               | not half-arsed
        
           | terafo wrote:
           | AFAIK Tesla tries to produce as much as they can in-house.
           | They are designing their own chips for their cars, for
           | example.
        
             | numpad0 wrote:
             | And that contributed to their stupid issues like skipping
             | conformal coating and cars getting runaway power steering
             | from it
        
             | taneq wrote:
             | That sure would make it easier if the regulation is written
             | as "you must use the same supplier" and they can just say
             | "yup, it me".
        
               | MichaelZuo wrote:
               | Perhaps it is the biggest reason why they did that in the
               | first place.
        
       | snickms wrote:
       | The article was paywalled for me, but if you made your cars in
       | lisp, you'd run out of braces way before you ran out of
       | semiconductors.
        
         | DoofusOfDeath wrote:
         | HN users downvote all but the highest-quality puns.
         | 
         | I'd compile some examples for you, but I'm not sure how you'd
         | interpret it :)
        
           | [deleted]
        
         | [deleted]
        
         | [deleted]
        
       | NegativeLatency wrote:
       | Maybe they need to pay more then? or it's not actually an issue.
       | I wonder what the margin on a car and associated components is.
       | 
       | "The problem is, we are lower in the chain than companies like
       | Apple and HP," said one executive. "The automotive industry
       | doesn't pay that much for its semiconductors."
        
         | hippich wrote:
         | which is weird, because $1k - $2k retail prices per some
         | electronic modules, like ECU, are not unusual (couple friends
         | had issues with their car where the only solution is the
         | replacement of the ECU). That is the price range of pretty
         | decent laptops, which includes not only chips and such, but
         | also display and batteries.
        
           | maxerickson wrote:
           | Huge markup on the ECU. They are sold into a market where
           | $1000 for an ECU restores thousands of dollars of other stuff
           | to working condition.
           | 
           | There's also a whole lot of other chips in cars these days.
        
           | HeyLaughingBoy wrote:
           | Don't assume that the retail price of a replacement part is
           | the BOM cost used by the manufacturer. It's likely integer
           | multiples (if not an entire order of magnitude) higher.
           | 
           | e.g., the replacement cost of a control board in my furnace
           | is around $800, IIRC. I could probably build it for about $30
           | in parts (ignoring the software in the microcontroller).
           | However, to someone who's evaluating buying a new furnace vs.
           | repair, that $800 is a hell of a lot cheaper than a new
           | furnace.
        
             | extrapickles wrote:
             | The control board for my furnace is ~$150 (gas/condensing).
             | $800 sounds like that includes labor of installation since
             | they are somewhat annoying to replace as you practically
             | need to take half the furnace apart to do so.
        
             | bluGill wrote:
             | When you buy a replacement you are paying for their entire
             | replacement parts chain. Try buying a replacement part for
             | a 10year old computer, if you can it will be more than a
             | new computer.
        
         | aidenn0 wrote:
         | I have witnessed automotive companies looking at shaving
         | fractions of pennies off of BoMs for ECUs. Obviously cost
         | savings is only somewhat related to margins, but that's a
         | datapoint.
         | 
         | It would not surprise me to find out that Apple makes more
         | money per iPhone manufactured than Toyota does per Corrolla,
         | but I could definitely be wrong about that.
        
           | WanderPanda wrote:
           | If I remember correctly VW makes 400 Euro per car they sell
           | in Germany (pre covid). I believe its just another example of
           | Parkinsons Law
           | (https://en.wikipedia.org/wiki/Parkinson%27s_law) and hope
           | the legacy oems go bust rather sooner than later to free up
           | the massive ressources they allocated inefficiently all the
           | time.
        
             | ChuckNorris89 wrote:
             | Budget car makers are more like gaming console
             | manufacturers and SaaS subscription services every year.
             | They make almost no money when they sell you the car but
             | they make all of it back from overpriced optional extras,
             | the maintenance services you have to take at the overpriced
             | authorized dealer and through their financing services.
             | 
             | I live in Europe and keep pondering moving to a bigger city
             | and downsize just to give up the need of a car since the
             | maintenance and the rest of the costs are going up faster
             | than my pay. I can see a lot of low-middle class people
             | getting screwed by the rising costs of car ownership long
             | term.
        
             | notJim wrote:
             | How is that Parkinson's law and not a success story of
             | market competition? Isn't it that the highly competitive
             | car market forces legacy manufacturers to accept lower
             | margins? If anything, we should welcome greater competition
             | to drive down the margins of electric car makers.
        
               | ahepp wrote:
               | Yes, it's true that the margins were low, which is a
               | strong indicator for competition. However, I think the
               | weakness in electrification and software makes it clear
               | that there's little true innovation. Legacy automotive
               | turned into a stable market, and participants were happy
               | to fight over pennies. Eventually US manufacturers
               | realized they couldn't compete and needed to change, but
               | even then decided to retreat into trucks and SUVs rather
               | than truly innovate.
        
       | boddhi wrote:
       | I work for a Semiconductor distributor. Seeing huge orders from
       | car manufacturers since December. I guess they are stockpiling.
        
         | agumonkey wrote:
         | What would explain the supply shock and the stockpiling ?
        
           | airstrike wrote:
           | For what it's worth, my somewhat educated guess from someone
           | who covers Autos slightly:
           | 
           | 2019 was expected to be a "peak" year in the automotive
           | cycle, so everyone in the supply chain adjusted accordingly
           | by modeling in lower demand following that peak. I'd wager
           | with COVID-19 the trough came significantly faster (and
           | deeper) than anticipated, and as we gear up for an equally
           | fast (expected) recovery, inventory levels aren't adequate.
           | 
           | Just a hypothesis, but perhaps worth considering.
        
           | boddhi wrote:
           | When car manufacturers open up after Covid shutdown, they
           | started seeing massive demands. We couldn't keep up with
           | their demands since July. They learned their lesson from
           | Covid and not taking any chances this year.
        
             | agumonkey wrote:
             | oh yeah.. I didn't foresee covid effects (obv in
             | retrospect)
        
         | WanderPanda wrote:
         | Do you think that this can be attributed to the bullwhip
         | effect?
        
         | kazinator wrote:
         | They sure learned a lesson in 2020 from toilet paper!
        
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       (page generated 2021-01-08 23:00 UTC)