Chip Shortage Forces Nissan, Ford, Toyota, FCA To Cut Vehicle Production
Chip Shortage Forces Nissan, Ford, Toyota, FCA To Cut Vehicle Production
Nissan said it planned to reduce production of the Note, a hybrid electric car, at its Oppama Plant in Kanagawa prefecture, Japan but did not give details of the scale of the output cut. By Reuters | Published:
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Toyota will cut production of its Tundra full-size pickup truck at its San Antonio, Texas plant
Ford Motor Co, Toyota Motor Corp, Fiat Chrysler Automobiles and Nissan Motor Co Ltd said on Friday they would cut vehicle production this month due to a shortage of semiconductors, becoming the latest automakers hit by a chip crunch as demand rebounds from the coronavirus crisis. Honda Motor Co als
Automakers and electronic makers are facing a global shortage of chips as consumer demand has been bouncing back from the coronavirus pandemic, causing manufacturing delays., , ford, toyota, nissan, FCA, Vehicle Production, manufacturing
By Reuters Staff
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TOKYO/DETROIT (Reuters) - Ford Motor Co, Toyota Motor Corp 7203.T, Fiat Chrysler Automobiles and Nissan Motor Co Ltd said on Friday they would cut vehicle production this month due to a shortage of semiconductors, becoming the latest automakers hit by a chip crunch as demand rebounds from the coronavirus crisis.
FILE PHOTO: A Nissan car dealership is pictured in Northwich, following the outbreak of the coronavirus disease (COVID-19), Northwich, Britain, May 30, 2020. REUTERS/Jason Cairnduff
Honda Motor Co also said Friday its output in Japan could be affected by a shortage of semiconductors.
Automakers and electronic makers are facing a global shortage of chips as consumer demand has been bouncing back from the coronavirus pandemic, causing manufacturing delays.
The tech war that isn’t US tech curbs on China bend to market reality David Goldman Posted By Ruth King on December 24th, 2020
Washington last week added China’s Semiconductor Manufacturing International Corp (SMIC) to the “entity” list that requires US companies to get special permits to trade with it, rattling the Chinese chipmaker’s stock price. But China hawks in the US Senate complain that the wording of the new rules makes them easy to circumvent, and allege that the Commerce Department bowed to the “parochial commercial interest” of US companies trading with China.
The trouble is that China’s market for semiconductor technology is growing so fast that American firms fear for their long-term viability if they are not involved. The Trump Administration imposed controls on the export of key semiconductor technology six months ago, but American chip design companies’ China sales are booming. Cadence Design S