Ford, Toyota, Fiat Chrysler Automobiles and Nissan will reportedly cut vehicle production in January due to 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,” said Reuters. The issue, according to Credit Suisse analyst Daniel Levy, could limit near-term auto production for the industry. Industry officials plan to prioritize the production of higher-profit vehicles to manage the problem. (Source: Reuters) Read the original story…
