Chip shortage forces Ford, Toyota, Nissan, FCA to cut vehicle production

Dread Pirate Roberts

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Ford Motor Co, Toyota Motor Corp, Fiat Chrysler Automobiles and Nissan Motor Co Ltd said on Friday they would cut vehicle production this month due to a shortage of semiconductors, becoming the latest automakers hit by a chip crunch as demand rebounds from the coronavirus crisis.
Honda Motor Co also said Friday its output in Japan could be affected by a shortage of semiconductors.

Automakers and electronic makers are facing a global shortage of chips as consumer demand has been bouncing back from the coronavirus pandemic, causing manufacturing delays.

Credit Suisse analyst Daniel Levy said in a research note that the chip supply issues may limit...READ MORE HERE
 
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