The chip shortage continues to impact the auto industry, and many bus vents are still facing the degradation crisis, but analysts pointed out that even if the chip shortage may last for several years, but it is not all bad things for automotive merchants and car stocks.

According to Barron's report, the Royal Bank of Canada (RBC) analysts Joe Spark issued a report on Sunday (15th) pointed out that "chip shortage may limit automobile production in the coming years, which may have a structural reason."

The first is the motorized motor: electric cars require more chips, whether it is to manage battery power, charging curves, and increasingly common automatic driving functions require a lot of calculations, need to be implemented by chips; secondly, the car chip is lacking flexible Sex: The automotive industry is most important to reliability, so the car chip is often older, more mature technology, but the chip company does not like to invest old technology; finally the consumer electronics industry will not shrink, and will use more chips in the future Or will further extrude the supply of the car chip.

Spark believes that in the foreseeable future, global light vehicle production may be limited to about 90,000 per year, and the average output before the outbreak of the epidemic is flat, which means that the new car inventory will remain a low level over a longer period of time. However, this is not a bad thing for the entire automotive industry. This means that car manufacturers will get better pricing. Automobile companies will also produce the best cars.

From the secondary market, car stocks have also compliant this year in line with Spark's judgment. Ford Auto Shares rose by 53% this year, better than the standard Po-500 index and Dow Jones industrial stock average price index of 18% and 16% comparison rate. The stock price of General Motors rose by 27% this year. However, since it released a disappointing in the second half of August 4, the stock price has fallen by nearly 9%, and the shortage of chip is one of the reasons why financial test is lower than expected.