More than 3 million vehicles have been knocked off automakers’ production schedules worldwide this year due to microchip shortages, but that may not be enough, according to AutoForecast Solutions.

AutoForecast Solutions added about 66,800 vehicles to its ongoing chip-related production cuts this week, bringing the year-to-date total to nearly 3.1 million vehicles. This is in addition to the estimated 10.5 million vehicles lost to the shortage in 2021.

But the actual total this year could be higher than any official tally suggests, said Sam Fiorani, AutoForecast’s vice president of global automotive forecasting.

“External factors helped to mask the missing weekly volumes related to semiconductors,” Fiorani wrote in an email. “Now there are more reasons to close factories, including more shortages of parts that affect the global supply chain.”

According to the group, car plants in all regions of the world made additional cuts last week. North American plants led the way with about 22,300 vehicles, followed by China (17,600), other parts of Asia (13,400), Europe (8,800), South America (3,200) and the Middle East and Africa (1,500).

https://www.autonews.com/manufacturing/latest-numbers-automotive-microchip-shortage-60

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