Covid-fuelled semiconductor crunch chips away at carmakers


LONDON, Aug 19 (Reuters) - In grim warnings this week, major carmakers including Toyota and Volkswagen offered fresh evidence that the auto industry remains firmly in the grip of an ongoing semiconductor chip shortage that shows no sign of abating.

After being forced to close plants last year as the pandemic took hold, carmakers are now facing stiff competition from the sprawling consumer electronics industry for chip deliveries amid global supply chain disruption.

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carmakers , semiconductor

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