AutoForecast Solutions added 104,792 vehicles to its year-to-date estimate of the number of vehicles automakers have removed from their production schedules because of the microchip shortage.
The jump, one of the largest in recent months, is explained in part by “historical updates” that were added to the tally, which now stands at about 1.85 million vehicles, said Sam Fiorani, AutoForecast Solutions’ vice president of global vehicle forecasting.
South American assembly plants accounted for a majority of the newly reported cuts, as the forecasting firm added about 57,000 to its estimate of the number of vehicles axed in the region.
