Auto production lost to chip shortage
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A shortage of semiconductors has hit carmakers around the world. Analysts predict the lack of chips – used in engine management and driver-assistance systems – will wipe out $61 billion of sales in 2021
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Global auto industry losses
(2021, estimates)

North America  $5.2bn
Japan / South Korea $7.3bn
South Asia  $9.3bn
European Union $13.4bn
China $25.5bn

New car registrations
(2020, change on 2019)
U.S.   14.5m -14.7%
Japan   3.8m -11.4%
India   2.4m -17.7%
EU      9.9m -23.7%
China  19.8m -9.1%

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European production losses (vehicles 2020, working days lost)

Romania, Hungary, Portugal, Belgium, Netherlands, Austria, Sweden, Slovenia, Finland 306,876 (239)

Poland 101,957 (36)
Slovakia 114,632 (24)
Czech Rep. 155,060 (29)
Italy 157,933 (41)
UK 262,715 (41)
France 278,425 (34)
Spain 452,155 (34)
Germany 616,591 (30)

Figures include passenger cars, trucks, vans, buses and coaches
2021: Europe predicted to be best performing region with sales growth of 10.8%

TOTAL (EU plus UK)
2,446,344
(508)
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Sources: ACEA, Bloomberg, IHS Markit, Reuters
Picture: Getty Images
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