Automakers are adapting to the microchip shortage

The global microchip shortage has rocked the automotive industry. Without adequate resources to develop a litany of features—from parking sensors to entertainment systems—many automakers have been forced to adapt their production plans. Toyota recently announced it would cut production by 40%—some 360,000 cars—while Ford, Volkswagen, Audi and Volvo have all interrupted or halted output at major plants across Europe and the US.