Renault and Stellantis cut some production as chip shortages bite

PARIS (Reuters) – Renault and Stellantis are every suspending vehicle production at various factories as they grapple with a worldwide shortage of important semiconductors, the companies talked about on Friday.
Carmakers across the globe have been hit by the shortage of chips utilized in engine administration and driver-assistance packages, which primarily come from Asia and notably Taiwan.
The COVID-19 catastrophe has pushed up demand for chips utilized in electronics such as laptops and telephones and producers are struggling to keep up up, with some Chinese suppliers moreover hit by U.S. sanctions by the earlier Trump administration.
France’s Renault will droop production at one web site in France and two in Morocco and Romania subsequent week for various days, a company spokeswoman talked about on Friday, with out giving particulars of the probably impression on output.

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