The challenges in the automobile industry are endless. While the effects of the chip crisis that started during the pandemic period and came to the point of stopping production, now it has emerged that a new crisis is at the door. This news, which negatively affected the market, caused hike expectations.
My car, which takes the pulse of the automobile industry in our country and in the world. According to a report by com, the crisis of magnesium, one of the vital raw materials for production, is growing. While many manufacturers are already preparing for troubled days, buying a car is becoming a dream every day. Here are the details…
Magnesium crisis in the car is growing!
According to the research, the problem of magnesium used in various auto parts began to be experienced. This situation is thought to affect automotive production worldwide. With the rise in exchange rates, zero km. While the prices of vehicles increase, second-hand vehicles also get their share from these price increases as people tend to second hand.
The fact that there are problems in the supply of vehicles in the second-hand market supports the view that the consumer, who is considering selling his car, is waiting for the sale of his car with the thought that its value may increase. This means that prices, which are already quite high, could rise even more.
So what does Magnesium do in the auto industry? The use of magnesium alloys can greatly reduce the weight of automobiles without compromising their structural properties. This makes it easier to manufacture vehicles that are much lighter, but still durable, despite their size. At the same time, this situation paves the way for fuel savings.
Electric cars will also be affected by the hike
Electric cars, which have limited usage areas and are not very popular in our country, will also get their share from the crisis. It turned out that some brands, including BMW and Mini Cooper, have already started working on the price update. These vehicles, which are already expensive, are expected to be even less preferred after the label change.
So what do you think about this issue? Will problems in the Magnesium supply chain after the chip crisis affect prices negatively? You can share your views with us in the comments section.
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