Chip shortage to affect global vehicle production into third quarter By Reuters - 03 February 2021 The semiconductor shortage could affect 672,000 units of global light vehicle production in the first quarter of 2021. Image: Guido Vrola / 123rf A shortage of car chips could affect 672,000 units of global light vehicle production in the first quarter, data firm IHS Markit said on Wednesday, warning that the disruption could extend into the third quarter. Ford Motor Co, Toyota Motor Corp, Fiat Chrysler Automobiles and Nissan Motor Co had cut output because of the shortage, while Volkswagen has said the supply constraints would hit production at some of its plants in February.