Automakers expect industrywide microchip supply interruptions to force them to cut fewer than 3 million vehicles out of their 2023 production schedules, which would be a significant improvement from this year, according to the latest AutoForecast Solutions estimate.
The buoyed outlook can be chalked up to the slowly improving semiconductor supply as well as the possibility of a recession next year, which would diminish new-vehicle demand and reduce the number of vehicles…
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