• Skip to main content

    Analysis

    September 27, 2021

    North American Auto Assemblies Rise in August

    Written by David Schollaert

    North American auto assemblies rebounded in August after light vehicle production hit a 14-month low the prior month. Despite the increase, the impact of the chip shortage continued to worsen, diminishing vehicle inventories and pushing regional sales down during the month, according to LMC Automotive (LMCA).

    Total North American vehicle production, including personal and commercial vehicles, was 1.13 million units in August, 14.9% higher than July’s total. Despite the increase, August’s total was still 18.3% or 253,124 units behind year-ago levels, emphasizing the vast impact the global semiconductor shortage and other pandemic-related parts scarcities have had on the automotive industry.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

    Read more from David Schollaert

    Latest in Analysis