Analysis
July 9, 2021
North American Vehicle Assemblies Up in June Despite Chip Shortage
Written by David Schollaert
Auto assemblies in North America rose further in June despite a continued struggle with the global semiconductor shortage. Some automakers in the region—including GM and Toyota—were able to ramp up production and shipments after securing enough microchips, pushing the annual rate in the North American region up by 16.4% month on month, according to LMC Automotive (LMCA).
This was a welcomed sign after the annual production rate dipped in April and May. The recent increase may be short-lived, however, as many automakers are still struggling to source the essential chips, with the likes of Ford idling or reducing production at nearly all its North American assembly plants in July. In some instances, auto plant idlings reportedly could carry into early August because of a shortage of chips and other parts.
