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Between
the pandemic, winter weather in Texas ,and shipping problems around the world,
automakers are able to manufacture fewer autos these days.
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Auto
plants around the world—with Ford, GM, Honda, Mitsubishi, Nissan, Toyota, and
VW among the companies affected—are stopping production because there's a
global shortage of semiconductor chips.
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Some
in-demand models are reportedly being hit with dealer markups as high as
$10,000, and some Ford dealers have resorted to selling their demo models of
the Ford Bronco Sport.
The thin line between
just-in-time auto manufacturing and an idled production plant has become
crystal clear again with the spreading effects of a global semiconductor chip
shortage and other logistical problems.
That there's a chip
shortage isn't news. We reported last month that the shortage would likely
mean that a million fewer cars will be built around the world, costing the
industry $61 billion in this quarter alone. The problem stems from a change in
who the semiconductor manufacturers are making chips for right now.
Read Full Story at caranddriver.com >>
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