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SAE Article Provides Updates on Auto Industry Supply, Demand, and Production Output


A new article published by SAE International gives the latest information on the factors influencing production output in the U.S. auto market.

Events in the past three years, including labor disputes, the global pandemic, and the semiconductor supply crisis has led to unprecedented supply interruptions and slow vehicle output. As a result, production output has been driven by a supply dynamic, as opposed to customer demand. Geopolitical events and related economic factors have further complicated the issue. The article assures that supply constraints are gradually easing and the output dynamic is slowly improving, although inflation and labor and material shortages remain. By 2024, it is expected that the auto industry will return to a demand-driven dynamic.

Read the full article on SAE’s website: Good news and bad news for auto suppliers in 2023.

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