27
Jan
15:20
Semiconductors could hurt automotive output until 2026: VDA
The ongoing shortage of semiconductors in the automotive industry could lead to a global drop in production of 20%, or around 18 million vehicles, by 2026, shows a study by the German Association of the Automotive Industry (VDA).
According to VDA, this may happen unless suitable countermeasures are taken in the industry. “In 2021, the shortage led to a global decline in car production by 9% on-year,” according to the document seen by Kallanish.
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Anonymous
Very good overview of the weekly steel market.
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