MICROCHIP SHORTAGE
Coverage of the chip shortage in the auto industry.
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Automakers have cut about 63,400 vehicles from production schedules since the start of the month, mostly in North America, according to a new estimate.
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The UAW's strike against the Detroit 3 has made an already precarious financial situation for many suppliers even more fraught — and the automakers might be in part to blame, industry experts said.
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Microchip shortages continued to trip up automakers in China and Asian markets outside of China.
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Companies removed 56,199 vehicles from factory schedules this week because of a lack of semiconductors, AutoForecast Solutions said, pushing its year-to-date estimate of eliminated vehicles to about 2.04 million.
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