Auto factories in North America and Europe continue to rack up more lost production because of the lingering global microchip shortage, now well into its second year.
The latest estimates from AutoForecast Solutions, which has been tracking the shortage’s impact since it started, show that North American plants have eliminated another 31,000 vehicles from their plans for the year, while automakers have added the same number to their cuts in Europe.
Those changes and others around the world prompted AFS to raise its forecast for total 2022 vehicle losses related to the shortage by more than 88,000 this week.
Many European manufacturers are now being forced to cancel some vehicle schedules as they juggle multiple part shortages resulting from the war in Ukraine.
