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05 Jan
21:15

US vehicle sales show impact of semiconductor shortage

The US auto industry remains constrained with limited supplies of new vehicles due to the ongoing shortage of semiconductor microchips, Kallanish learns from a Moody's Analytics report. The Bureau of Economic Analysis (BEA) reports 12.4 million new vehicles were sold in 2021, based on December’s seasonally adjusted annualised final sales report. This was 22% lower than in 2020. The BEA’s sales figures are lower than the previously forecast 13m uni…
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