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  2. 2-3 million units

    Automotive manufacturers are still dealing with the effects of the microchip shortage that began in 2020. Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions, told reporters that he believes the industry will see 2-3 million units cut from production in 2023.
    www.automoblog.com/will-chip-shortage-end-in-2023/
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  3. People also ask
    Will the automotive chip shortage persist through 2023?The chip shortage plaguing the auto industry since early 2020 probably will persist through 2023, a semiconductor industry analyst says. Strong demand for automotive chips should provide a tailwind to semiconductor stocks with high exposure to the industry, including NXP Semiconductors ( NXPI) and ON Semiconductor ( ON ).
    Why are chip shortages affecting the auto industry?In cars, they are needed for everything from entertainment systems to power steering. At the height of the chip shortage, global auto production slumped 26% during the first nine months of 2021. Find out why chip shortages heavily impact the auto industry and what lies ahead for 2023 as the outlook improves.
    Will the chip shortage continue in 2022 & 2023?The chip shortage that is disrupting global car production could continue into 2022 and even 2023, a leading German car industry figure has said. Covid had been a stress test for the industry, which needed a thorough review of its supply chains, Daimler chairman Ola Källenius said.
    What will the auto industry look like in 2023?The auto sector can expect a strong year in 2023, with global car production up 3%. As semiconductor supply returns, global auto pricing should remain stable. The chip shortage is all but over, according to J.P. Morgan Research.
     
  4. How and When the Chip Shortage Will End, in 4 Charts

    WebMar 28, 2023 · One looming artifact of the pandemic that remains in 2023the global chip shortage —has gratefully begun to recede. Unlike the state of things in mid-2021—when crimps in the semiconductor …

     
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    WebDec 20, 2022 · Carmakers to suffer chip shortages until at least end of 2023. Auto industry and semiconductor manufacturers warn of supply crunch amid ‘unstoppable’ switch to electric vehicles.

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