Automakers

Global sales are forecast to rise by 6% in 2022 as chip shortage eases

Ford pickups chip shortage 2021
Newly built Ford F-150 pickups in Dearborn, Michigan, awaiting critical semiconductor parts last April. Ford lost 26 percent of production because of the chip shortage, LMC said.
February 02, 2022 03:12 PM

Global auto sales will improve somewhat in 2022, analyst firm LMC Automotive said, but semiconductor supply shortages will continue to constrain production at least through the third quarter.

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