Microchip shortage still a big problem for auto industry



(November 22, 2022) North American factories were forced to eliminate another 79,000 vehicles from their production plans this week because of ongoing shortages of microchips, according to AutoForecast Solutions, Automotive News has reported. As the industry nears the end of a second full year of the shortages worldwide, automakers still face more schedule changes to deal with the problem.

According to AFS’ latest forecast, microchip shortages will have knocked 4.4 million vehicles out of global production plans by the end of  2022. That is nearly 400,000 more vehicles than already have been eliminated this year — and with barely a month left in the 2022 calendar.

AFS indicates that China’s auto factories have been relatively spared from the chip crisis this year.

Source: Automotive News