A global shortage of semiconductor chips may have impacted production for several OEMs, but it has not stopped a number of automakers from reporting a rebound in its first-quarter U.S. sales. “The need for increased personal safety during the COVID-19 pandemic has boosted sales for automakers, as people prefer to travel by their own cars to using public transportation,” said Reuters. However, the chip shortage issue could impact the speed of recovery for the industry. (Source: Reuters) Read the original story.
