Chip crunch. Ford on Thursday said it would cut production at two U.S. plants where it builds the popular F-150 next week due to the ongoing shortage of semiconductors. The company also said it was expecting a $2.5 billion hit to its earnings. A day earlier, GM said it would shut down a trio of […]
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Daily Memo: Global Chip Crunch Continues to Bite
U.S. carmakers are cutting production left and right.
