By the end of the year almost 18 million vehicles will have been removed from production plans since the chip shortage started. PHOTO courtesy General Motors.
Canadian job shops serving the automotive sector have been hurt by the semiconductor shortages which have curtailed vehicle production but not everyone is feeling the same pain.
That’s because some automotive manufacturers have done a better job than others getting access to chips, and the job shops fortunate enough to be serving those manufacturers have had to suffer through less production disruption.
By the end of 2023, almost 18 million vehicles will have been removed from production plans since the chip shortage started, according to Auto Forecast Solutions.
A report in REUTERS points to Ford Motor Co’s disappointing quarterly results as “underscoring that disruptions caused by the global semiconductor shortage are still bedeviling automakers, but some are suffering more than others.”
Ford said last week a 100,000 vehicle shortfall in its fourth-quarter volume was mostly due to its inability to obtain enough chips. Ford chief financial officer John Lawler expected continued supply volatility on chips for 2023. Yet other auto manufacturers, such as General Motors and Volkswagen, although believing short-term disruptions could continue, overall semiconductor supplies are improving due to deals with chip makers. Tesla in particular has been noted for its handling of the chip shortage by rewriting its software to use different or fewer chips.
For the full REUTERS report go to:
Ford’s pain underscores uneven impact of two-year auto chip shortage (yahoo.com)
