An estimated 11.3 million units of vehicles were cut from production worldwide in 2021 due to the global semiconductor shortage. Although the supply of semiconductors for the automotive industry is slowly increasing and automakers are adjusting to the new reality, the coming years will still see reduction in the global car production. It is projected that in 2022, around seven million cars will be removed from production, before dropping to 1.3 million in 2023.
Number of vehicles removed from production worldwide due to the semiconductor shortage in 2021, with a forecast for 2022 and 2023
(in million units)
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MotorTrend. (February 3, 2022). Number of vehicles removed from production worldwide due to the semiconductor shortage in 2021, with a forecast for 2022 and 2023 (in million units) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1288308/automotive-production-reduction-semiconductor-shortage/
MotorTrend. "Number of vehicles removed from production worldwide due to the semiconductor shortage in 2021, with a forecast for 2022 and 2023 (in million units)." Chart. February 3, 2022. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1288308/automotive-production-reduction-semiconductor-shortage/
MotorTrend. (2022). Number of vehicles removed from production worldwide due to the semiconductor shortage in 2021, with a forecast for 2022 and 2023 (in million units). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1288308/automotive-production-reduction-semiconductor-shortage/
MotorTrend. "Number of Vehicles Removed from Production Worldwide Due to The Semiconductor Shortage in 2021, with a Forecast for 2022 and 2023 (in Million Units)." Statista, Statista Inc., 3 Feb 2022, https://www.statista.com/statistics/1288308/automotive-production-reduction-semiconductor-shortage/
MotorTrend, Number of vehicles removed from production worldwide due to the semiconductor shortage in 2021, with a forecast for 2022 and 2023 (in million units) Statista, https://www.statista.com/statistics/1288308/automotive-production-reduction-semiconductor-shortage/ (last visited December 21, 2024)
Number of vehicles removed from production worldwide due to the semiconductor shortage in 2021, with a forecast for 2022 and 2023 (in million units) [Graph], MotorTrend, February 3, 2022. [Online]. Available: https://www.statista.com/statistics/1288308/automotive-production-reduction-semiconductor-shortage/
