Home autonews The latest numbers on the microchip shortage: Automakers cut back in every region

The latest numbers on the microchip shortage: Automakers cut back in every region2022-09-26 08:36:18

Unrelenting microchip shortages have taken another 96,700 vehicles out of automaker production schedules around the industry.

Unrelenting microchip shortages have taken 96,700 more vehicles out of automaker production schedules around the industry.

According to the newest estimate by AutoForecast Solutions, plants in every region of the world are sharing the pinch at the moment, including China, which had largely managed to steer through the crisis earlier in the year. 

Chinese plants trimmed 8,200 vehicles out of their schedules for the week, according to AFS, bringing their total lost production for the year so far to 167,600 vehicles. But in the same period of 2021, China had lost 10 times that number.

North American plants are cutting 54,000 vehicles out of their plans this week, while factories in Asia outside of China will lose 25,000. 

AFS now forecasts that the industry will lose a worldwide total of 4.2 million vehicles from 2022 production plans because of the microchip problem by the end of this year.

THE BREAKDOWN
  2022 YEAR TO DATE 2022 PROJECTED
North America 1,228,200 1,388,700
Europe 1,097,000 1,450,400
Rest of Asia 676,000 881,800
South America 167,600 272,800
China 166,700 168,300
Middle East/Africa 41,400 53,600
Total 3,376,800 4,214,500
*Unchanged from a week earlier

Source: AutoForecast Solutions Inc.