Since the beginning of this year, 1.6938 million vehicles have been cut, and the "core shortage" may not be until the end of the year
According to the latest data from AutoForecast Solutions (hereinafter referred to as AFS), a data forecasting company for the automotive industry, as of May 8, the global auto market has reduced production by about 1.6938 million vehicles this year due to chip shortages.
Among them, the semiconductor shortage in Europe was the hardest hit, with a production reduction of about 783,600 units, accounting for about 46% of the cumulative reduction in the global auto market; while the cumulative reduction in the Chinese auto market was 92,000 units, only accounting for the cumulative reduction in the global auto market. A 5.4% reduction in production.
Recently, both automakers and component suppliers have provided new forecasts for semiconductor shortages. Magna at the end of April expected semiconductor shortages to continue through the end of the year, with supply improving in the second half of the year. Sam Fiorani, vice president of global auto forecasting at AFS, said that global automakers will further reduce production in the future due to the current environment.
Analysis by multiple institutions pointed out that chip shortages will continue to plague the electronic equipment supply chain in 2022, and have different effects on different semiconductor device types in major electronic equipment markets. Gartner analysts said that most semiconductor shortages in the PC and smartphone segments will be alleviated as production enters the off-season coupled with increased semiconductor supply in the market. But there will still be shortages of some semiconductor device types in the automotive supply chain, and the problem will continue towards the end of 2022.