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17 Feb
20:08

CAR predicts auto production recovery for next year

The Center for Automotive Research (CAR) is predicting a recovery in North American motor vehicle production is unlikely to happen until at least next year. Vehicle production and sales have languished - largely due to the semiconductor shortage, which has been plauging the global industry since mid-2021, says Bernard Swiecki, director of research for the CAR. By the time the global semiconductor shortage is over, there will be a global loss of 7.7 million units o…
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