Manufacturing

Microchip shortage forces more car production cuts in 2023

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Capacity at semiconductor fabrication plants, such as the Robert Bosch plant in Dresden, Germany, is expected to increase the supply of microchips. But whether it can meet demand is unclear. (BLOOMBERG)
October 31, 2022 12:30 AM

Automakers are already beginning to alter production plans for 2023 because of the microchip shortage as the industry braces for millions more lost vehicles next year.

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