Month: April 2021

Automakers worldwide have scaled back production due to a shortage of semiconductors. Companies which have announced temporary halts on production include Volkswagen, Toyota, General Motors, Ford, Nissan, Honda, Suzuki, Mitsubishi, Daimler (Mercedes) and Stellantis (merger of Fiat-Chrysler and Peugot). IHS Markit estimates 1Q 2021 light vehicle production was reduced by… Read more“Automakers to blame for semiconductor shortage”