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Microchip shortage: further car production cuts in 2023

Even three months ago, executives at automakers and suppliers said in media interviews and financial disclosures that some were optimistic that the crisis would ease in 2023 and that it would continue, Amsrud said. It was almost evenly divided between thinkers and thinkers. Today, many more are in the pessimistic camp.

“What we don’t know at the moment is whether the OEMs are trying to lower their expectations of the market, or whether they really recognize that there are still problems. There is nothing to show.The cloud is about to part in January 2023,” he said.

Earlier this year, many in the industry hoped the microchip crisis would be resolved by the end of this year or early 2023. The cut continued, he said Amsrud.

Even three months ago, executives at automakers and suppliers said in media interviews and financial disclosures that some were optimistic that the crisis would ease in 2023 and that it would continue, Amsrud said. It was almost evenly divided between thinkers and thinkers. Today, many more are in the pessimistic camp.

“What we don’t know at the moment is whether the OEMs are trying to lower their expectations of the market, or whether they really recognize that there are still problems. There is nothing to show.The cloud is about to part in January 2023,” he said.

https://www.autonews.com/manufacturing/microchip-shortage-more-car-production-cuts-2023 Microchip shortage: further car production cuts in 2023

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