Arent Fox LLP

08/10/2022 | News release | Distributed by Public on 08/10/2022 16:27

Over 100K Cars Cut From North American Production This Week Due to Chip Shortage

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The data, which comes from AutoForecast Solutions, says 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.

Read the CNET article

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