The growing toll of the microchip shortage

The impact of the microchip shortage on global vehicle production increased last week. And AutoForecast Solutions lifted its estimate of projected units lost. Here's the latest:

The big picture

• Number of vehicles not produced because of announced closures to date: 705,000
• Projected volume impact: 1.4 million 

At-risk production

• 9 plants globally are currently scheduled to be down for more than 21 days. They are in North America (6), Asia-Pacific (2) and Europe (1). 
• AutoForecast Solutions projects production lost at plants closed for more than 21 days is at risk and may not be recoverable. 
• Currently, 145,000 of the 705,000 announced units are deemed at risk. 

Information current through Feb. 16.
Source: AutoForecast Solutions Inc. autoforecastsolutions.com