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26 Aug
13:33

Semiconductors to reduce automotive output by 9m: study

Almost nine million fewer vehicles will be produced in 2021 due to the global shortage of semiconductors, according to a study by the Boston Consulting Group (BCG). In the first quarter of 2021, the production losses of global automakers amounted to approximately 1.4 million units, Kallanish notes. Production fell the most in Europe by 428,990 vehicles, China by 364,774 and North America by 354,442 vehicles. In the second quarter, production fell by another 2.6…
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