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N. America Q1 Production Outlook Raised Despite Supply Issues, Inventory Control Slowdowns

Executive Summary

Even with production recording solid growth, supply-chain disruptions remain a way of life for automakers. Wards Intelligence partner LMC Automotive estimates North America light-vehicle production in 2023 will be negatively impacted to the tune of 957,000 units due to the disruptions - a significant amount but a sharp downturn from the 1.928 million units lost in 2022.

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