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    Analysis

    September 1, 2021

    North American Auto Assemblies Tumble in July

    Written by David Schollaert

    Auto assemblies in North America plummeted in July, revealing the extensive impact the semiconductor scarcity is having on carmakers. Regionally, the annual production rate fell 21.5% or by nearly 270,000 vehicles in July versus the prior month, according to LMC Automotive (LMCA).

    The more alarming figure may be that July’s annual production rate was down 21.8% when compared to the same period last year, and the lowest mark in 15 months.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

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