Worldwide semiconductor shortage ongoing

Stefan Mileschin · 10th August 2022, 09:57

180,000 vehicles cut from production

The worldwide semiconductor shortage will cause more than 100,000 vehicles to be cut from North American production schedules this week and more than 180,000 vehicles are expected to be dropped globally.

According to AutoForecast Solutions, North American factories have been forced to cut nearly 1.06 million vehicles from production schedules this year due to the chip shortage.

This puts North America as the most heavily impacted region so far. AFS' data shows nearly 3 million vehicles have been cut so far in 2022, and the agency expects that number to grow to more than 3.8 million by the end of the year.

What is surprising is that the issue does not appear to be going away but seems to have dropped off the list of subjects reported. While US companies seem to be soaking up subsidy money to build chip factories these could be years away, and the underlying problem which created the chip problem in the first place has not been dealt with -- basically too many chips are made off shore with fragile supply chains.

https://fudzilla.com/news/55285-worl...ortage-ongoing

10th August 2022, 09:57	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 149,013	Worldwide semiconductor shortage ongoing 180,000 vehicles cut from production The worldwide semiconductor shortage will cause more than 100,000 vehicles to be cut from North American production schedules this week and more than 180,000 vehicles are expected to be dropped globally. According to AutoForecast Solutions, North American factories have been forced to cut nearly 1.06 million vehicles from production schedules this year due to the chip shortage. This puts North America as the most heavily impacted region so far. AFS' data shows nearly 3 million vehicles have been cut so far in 2022, and the agency expects that number to grow to more than 3.8 million by the end of the year. What is surprising is that the issue does not appear to be going away but seems to have dropped off the list of subjects reported. While US companies seem to be soaking up subsidy money to build chip factories these could be years away, and the underlying problem which created the chip problem in the first place has not been dealt with -- basically too many chips are made off shore with fragile supply chains. https://fudzilla.com/news/55285-worl...ortage-ongoing

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