2021 RESULTS: RESILIENT PERFORMANCE DESPITE HEADWINDS, NOTABLY SEMICONDUCTOR SHORTAGE, WITH SOLID ORDER INTAKE AMOUNTING TO CUMULATIVE €75 BILLION FOR 2019-2021
In 2021, worldwide automotive production* was strongly impacted by the semiconductor shortage and remained low for a second consecutive year at 73.4 million light vehicles (LVs), up only 3.8% vs. 2020, which had been heavily affected by the Covid-19 crisis.
