Light-vehicle production across China continued to decline in the first weeks of June after contracting in May amid the severe semiconductor chip shortage.
Output at 11 key automakers fell 38 percent to some 864,000 vehicles in the first 20 days of June as tight semiconductor supplies continued to take a toll on supply chains, the China Association of Automobile Manufacturers said Wednesday.
The 11 companies — all foreign automakers producing locally as well as China’s major auto manufacturers — account for more than 90 percent of vehicle production in the country.
In the first 20 days of June, production of light vehicles such as sedans, crossovers, SUVs, MPVs and minibuses plunged 38 percent, while output of commercial vehicles such as buses and trucks slipped 36 percent.
CAAM didn’t disclose more information on vehicle output during the period.
After 13 straight months of gains as the pandemic eased, vehicle production and sales in China fell in May.
Vehicle output industrywide last month shrank 6.8 percent to 2.04 million while vehicle sales dropped 3.1 percent to 2.13 million, according to CAAM.
