First: Volvo is likely to face massive layoffs. As Volvo's factories in China and the United States are shut down due to the shortage of chips, factory workers are bound to face the state of closure. However, because we don't know how long the chip shortage will last, if it can't be solved in a short time, Volvo may not be able to afford or be willing to take long paid holidays for these employees, so it may lay off employees on a large scale around the world.

Once there are large-scale layoffs in Volvo, it means that many people will lose their jobs, which will definitely have a certain impact on the job market, and Volvo's layoffs will also cause a chain reaction. Because Volvo's situation is not optimistic, other car manufacturers are certainly not optimistic, and other car manufacturers may follow suit, so this will inevitably affect many people's lives.

Second: Volvo is likely to face a large area of shortage and lose many customers. Since both Chinese and American factories have stopped production, it means that Volvo cars can't be produced normally. Because the shipments are very limited, the supply of Volvo cars in the market is very small. For those who buy Volvo cars, the delivery time will be extended indefinitely. From the consumer's point of view, if it takes half a year or even a year to buy a car, then it will definitely give up and choose other brands of cars.

After all, there are quite a lot of brand choices at the same level as Volvo in the market. Once Volvo's cars are seriously in short supply, consumers will definitely settle for the second best. After all, a car is not necessary for him. There are so many choices on the market that I naturally don't want to wait too long. Therefore, Volvo will lose some users because of large-scale shortage.

Third: it is difficult to ensure normal operation. Volvo's chip shortage is not a case. After all, there is a shortage of chips all over the world. It is the monopoly of mobile phone chips that makes this situation more and more serious. Many chip foundries simply have no production capacity left for automobile chips, so this will happen. The delivery time of TSMC and Qualcomm was extended, and that of Qualcomm was extended by seven months. In other words, it will take at least 7 months for chip suppliers to give certain production capacity to automobile chips, which means Volvo.

This directly affected the normal operation of Volvo, the factory stopped production, insomnia and shortage, and Volvo needed to survive this period.