Ukrainian war could cut car production by 700 000 units

March 16, 2022

Car manufacturers are looking for solutions to cope with the Ukrainian supply stop of wire harnesses. Affected VDL Nedcar said it will restart production by the end of the month. /VDL Nedcar

According to an analysis by Wells Fargo, global car production could shrink with up to 700 000 units during the first half of the year or 15% of Europe’s output. With 17 factories, Ukraine is one of the top producers of wire harnesses, which is in particularly high demand for building EVs. Due to the

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