Detroit's Ford halts output for a week as Toyota cuts yield in US amid chip shortage - NewsBreak

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By Yoongi in Business
Updated 3 years ago

In the context of a cratering chip shortage that had spanned across global smartphone industry after baffling the US automotive sector, Toyota Motor Corp said on Thursday that the beleaguered Japanese automaker was expecting a production drop between 60,000 to 90,000 vehicles in Northern American plants this month citing an unexpected ruckus at its supply chains apart from an ongoing semiconductor shortage alongside an upsurge in delta cases.

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