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November 27, 2022 12:00 AM

The latest numbers on the microchip shortage: N. America, Asia endure more cuts

Any notion that the microchip shortage would be over by now is proving to be wishful forecasting

Lindsay Chappell
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    Any notion from a year ago that manufacturers would have their microchip supply problems sorted out by the end of 2022 is proving painfully optimistic.

    AutoForecast Solutions estimates that North American auto plants will have to trim more than 10,000 additional vehicles out of their schedules this week, while plants in Asia outside of China will have to eliminate 32,000 planned vehicles.

    Industrywide efforts to steer out of the global microchip shortage have helped automakers avoid the depth of production problems it experienced last year. 

    But 2022 is still going to end with nearly 4.5 million cars and trucks knocked out of factory schedules because of the chip shortage, according to a new projection from AutoForecast Solutions.

    That is far below the 10.5 million vehicles that had to be cut from automakers’ plans last year. But schedules continue to be pared back because of the shortage. 

    According to AutoForecast Solutions, the auto plants of Europe face an additional 168,000 cuts between now and the end of the year.

    The breakdown
     2022 YEAR TO DATE2022 PROJECTED
    North America1,485,7001,546,700
    Europe1,386,7001,555,300
    Rest of Asia796,500880,700
    South America217,700218,400
    China185,700234,100
    Middle East/Africa45,30050,200
    Total4,117,6004,485,300
    *Unchanged from a week earlier

    Source: AutoForecast Solutions Inc. autoforecastsolutions.com

    AutoForecast Solutions Inc.

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