A WardsAuto report forecasts production climbing back to the last pre-pandemic level (2019) in 2022, with the 2017 high-record figure of 95 million units being equalled in 2023. Despite the microchip-related cuts this year, LMC are forecasting global light-vehicle production to rise 12 per cent year-over-year in 202.
Production Expected to Exceed 2017 High-Mark in 2023
Summary of WardsAuto report