SemiMedia SemiMedia
  • Breaking News
  • MarketWatch
  • Distribution
  • Manufacturer
  • Video
  • About us
Home › MarketWatch › Car sales plummeted in 2022 due to shortage of auto chips
  • 0

Car sales plummeted in 2022 due to shortage of auto chips

SemiMediaEdit
January 9, 2023

Jan. 9, 2023 /SemiMedia/ -- According to reports, due to the shortage of automotive chips, car sales in the UK fell to the lowest in 30 years last year, and car sales in the United States also fell to a new low in more than 10 years.

The report pointed out that in 2022, affected by the shortage of chips and auto parts, US auto sales fell by 8% compared with 2021, the lowest in more than a decade.

The report said that while the sales situation of different automakers varies widely, most companies' sales are down compared with 2021. Ford, Kia and Toyota all reported single-digit declines, while Nissan and Honda posted double-digit declines of 25% and 29.4%, respectively.

Analysts expect car sales to rise by about 1 million units this year to around 14.8 million as demand remains strong. However, this is still well below the pre-pandemic sales of 17 million cars a year.

Related

Automotive chips electronic components news Electronic components supplier Electronic parts supplier
Wolfspeed signs SiC semiconductor supply agreement with Mercedes
Previous
TrendForce: Global production capacity of PMICs is expected to up 4.7%
Next

All Comments (0)

Back
No Comment.

Top Post

Fire broke out at AKM factory in Japan
Qualcomm ranked first in the world's top ten IC design companies
Mouser Electronics expands to the Philippines with local customer service center
Analyze the key factors and prospects of electronic components shortage from the perspective of wafer industry
What is the root cause of the decline of the Japanese semiconductor industry?
ST releases price increase notice

Subscribe SemiMedia

Please check your E-mail to confirm the subscribtion.

Related posts

TrendForce sees possible pullback in DDR4 prices in Q4

TrendForce sees possible pullback in DDR4 prices in Q4

July 2, 2025
0
ROHM launches 100V MOSFET with wide SOA for AI server power systems

ROHM launches 100V MOSFET with wide SOA for AI server power systems

July 2, 2025
0
Codasip seeks buyer amid growing pressure in RISC-V processor market

Codasip seeks buyer amid growing pressure in RISC-V processor market

July 2, 2025
0
Mainland China set to lead global wafer foundry capacity by 2030, says Yole

Mainland China set to lead global wafer foundry capacity by 2030, says Yole

July 1, 2025
0
Copyright © 2017-2025 SemiMedia. Designed by nicetheme.
  • Please set up your first menu at [Admin -> Appearance -> Menus]
  • electronic components news
  • Electronic components supplier
  • Electronic parts supplier
  • Infineon
  • Electronic component news
  • Renesas
  • Vishay
  • STMicroelectronics
  • NXP
  • TDK

SemiMediaEdit

Administrator