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Ford to Halt Production at U.S. Plants Over Chip Shortage

Ford Mustang Mach-E

Ford Motor Company (NYSE:F) announced the closure of several plants in the U.S. for a few weeks in July and August, due to the global semiconductor shortage. The supply crisis would cost the company $ 2.5 billion this year and would slash its assembly capacity by half in the second quarter. Q1 2021 hedge fund […]

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