The shortage of chip supply continues to negatively affect automotive manufacturers. While Ford's US sales decreased by 33 percent in August due to the chip problem, General Motors decided to cut production at 8 factories.
Ford's sales, one of the major US automakers, decreased by 33.1 percent in August compared to last year due to the global shortage in chip supply.
In a statement made by the company, it was recorded that Ford sold a total of 124 thousand 176 new vehicles last month.
In the statement, it was stated that Ford's US sales decreased by 33.1 percent in August compared to the same period last year.
Pointing out that the sales of trucks decreased by 29.4 percent in the said period, it was stated that the sales of SUV models decreased by 25.3 percent and the sales of automobiles by 86 percent.
A loss of $110 billion in chip-related revenues is predicted.
On the other hand, American automaker General Motors (GM) announced that it will cut production at 8 factories in the USA, Canada and Mexico due to chip shortages.
The global chip supply problem, which started in the automotive industry and spread to industries such as electronics during the coronavirus epidemic, continues to cause disruptions in production.
According to consulting firm AlixPartners, the chip issue is expected to cause $110 billion in lost revenue to the global automotive industry in 2021.
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