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Car makers slammed by semiconductor shortage
Amid a global shortage of semiconductors, the US auto manufacturing industry is scaling back production this month, including that of the top-selling US vehicle. China’s soaring imports of semiconductors, the rise in the electronics industries, and the jump in technology use during the pandemic, combined to create a perfect storm on the global semiconductor market, whose supply chain is strongly interconnected. Detroit’s Big Three announced this month that they would be reducing production at some factories in the United States, Canada, and Mexico, as the severe shortage of supply of semiconductors and microchips is affecting the globa

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