Over 100K Cars Cut From North American Production This Week Due to Chip Shortage

It means North America has surpassed Europe as the hardest region hit by the automotive chip shortage.

Industry experts expect more than 3.8 million vehicles to be cut by the end of the year.

Over 180,000 vehicles are expected to be dropped globally.

This puts North America as the most heavily impacted region so far.

This was just one of many issues affecting car companies around the world.

The auto industry may not recover from the chip shortage until 2023 or beyond.