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Navistar Predicts Omicron Variant of Coronavirus Likely To Hit Supply Chain Recovery

TNI || New Delhi || 4th Dec 2021

Navistar International Corp, which is backed by Volkswagen, has said that the Omicron variant of the coronavirus is most likely going to slow down the resurrection in the global supply chain.

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Due to the shortage in supply of semiconductor chips, which are used to operate everything from infotainment systems to driver aids, the automakers are left with no option but to slash their production and, in some cases, go ahead with the production without adding certain features.

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As per Paul Martin, the Vice President of finance and revenue for Navistar, their company is looking to remain flexible, and can even increase the production rates if supply can outperform the current forecast.