The auto trade’s scarcity of semiconductors grew nonetheless worse final week, inflicting AutoForecast Options to ratchet up its worst-case situation as soon as once more.
The forecaster now estimates the worldwide trade will lose greater than 8.5 million automobiles from its collective manufacturing plans earlier than the disaster is over.
That estimate is 440,000 automobiles larger than its outlook one week earlier.
The scarcity reveals no signal of easing quickly, and automakers in North America, Asia and Europe final week continued to warn of additional destructive affect.
Common Motors mentioned it’ll reduce output at its light-duty pickup vegetation in Fort Wayne, Ind., and Silao, Mexico, due to insufficient provides of chips.
In Europe, Daimler CEO Ola Okayällenius instructed Automotive Information’ German-language sibling publication, Automobilwoche, that “our gross sales within the third quarter are prone to be noticeably decrease than within the second quarter” because of chip shortage-related manufacturing unit cuts.
AFS’ newest production-impact report forecasts that Europe might lose 2.5 million automobiles from its schedules earlier than the disaster is resolved — 218,000 greater than it forecast per week earlier.
Supply: AutoForecast Options Inc. autoforecastsolutions.com