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Ford Leads NA Production Cuts from Semiconductor Shortage
Ford Motor looks to have been affected the most, as shortage-related plant shutdowns left its facilities running at just 55% of total capacity through May of 2021. Ford’s estimated volume loss in the first half of this year is more than 50% greater than that recorded by the next manufacturer in line – and the largest in North America – GM, according to consultancy LMC. Continue reading →