December 12, 2024
The latest numbers on the microchip shortage: More cuts worldwide

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Assembly plants in each auto-building region of the world cut vehicles from their production schedules because of microchip shortages last week, according to AutoForecast Solutions.

Plants in China were the most impacted, with 14,013 vehicles lost due to a lack of semiconductors. 

Still, the total number of vehicles expected to be cut by year’s end stayed steady at about 2.82 million — a sign that the chip situation is slowly improving, if “sometimes painfully so,” said Sam Fiorani, AutoForecast Solutions vice president of global vehicle forecasting.

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