European, North American Automakers Trim Vehicles From Production Schedules
European and North American automakers cut around 25,000 additional vehicles from their production schedules last week.
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European and North American automakers cut around 25,000 additional vehicles from their production schedules last week.
The shortage of traditional wire harnesses could accelerate automaker plans to move to lighter, machine-made harnesses used in EVs.
BMW will gradually resume production at its Munich and Dingolfing plants next week after suspending production over supply chain shortages.
Though forecasts predict the global semiconductor shortage may not right itself until 2023, vehicle manufacturers express hope for improvement in Quarter 4.
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