Home autonews The latest numbers on the microchip shortage: Losses in Americas offset Asia

The latest numbers on the microchip shortage: Losses in Americas offset Asia2022-11-07 09:20:57

Ford and Stellantis are among the automakers that continue to show “production hiccups” that are limiting the number of vehicles they produce, but the situation is stabilizing in China.

About 23,900 units were added to AutoForecast Solutions’ tally of the number of vehicles removed from automakers’ production plans because of the microchip shortage this year.

Roughly 33,900 were cut at North American plants, with another 5,200 being axed in South America. But the AFS estimate for the number of cuts at plants in Asia outside of China improved by about 15,200 units from the prior week’s estimate, offsetting some of the losses in the Americas.

Ford and Stellantis are among the automakers that continue to show “production hiccups” that are limiting the number of vehicles they produce, said Sam Fiorani, AFS vice president of global vehicle forecasting, in an email. Still, production in China has been stabilizing, helping to limit the number of global vehicle losses.

“Hints that China may ease its very tight COVID-19 restrictions could also stabilize the supply of chips and other components to local producers, as well as regional automakers,” Fiorani said.

THE BREAKDOWN
  2022 YEAR TO DATE 2022 PROJECTED
North America 1,420,400 1,486,500
Europe* 1,351,400 1,520,000
Rest of Asia 749,400 833,500
South America 190,100 190,700
China* 172,900 221,300
Middle East/Africa* 44,700 49,600
Total 3,928,900 4,301,500
*Unchanged from a week earlier

Source: AutoForecast Solutions Inc.