A global semiconductor chip shortage has caused a major delay in manufacturing activity, with automakers cutting down on production and electronic device makers struggling to keep up with a pandemic-led surge in demand for phones, TVs, and gaming consoles. The scarcity prompted US President Joe Biden to sign an executive order to address the issue after he pledged to seek $37 billion in funding for legislation to supercharge chip manufacturing in the United States.
Both General Motors and Ford said they will cut more vehicle production due to a semiconductor chip shortage that has roiled the global automotive industry.
Earlier, GM had said that due to the global semiconductor chip shortage, it is building certain 2021 light-duty full-size pickup trucks without a fuel management module, hurting those vehicles’ fuel economy performance.
GM had also extended production cuts at three North American plants, adding a fourth to the list due to chip shortage. Said shortage could shave up to $2 billion from 2021 profit Ford Motor has said it will, for now, assemble its flagship, highly profitable F-150 pickup trucks and Edge SUVs in North America without certain parts and idle two assembly plants due to the global semiconductor chip shortage.
Esta historia es de la edición August 20, 2021 de Gulf Today.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición August 20, 2021 de Gulf Today.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor? Conectar
Bayern's bid for 10th German League title boosted by rivals' disarray
Bayern are cruising unbeaten at the top of the league table under new coach Nagelsmann and their challengers from last season are in disarray. They have won their last nine matches in all competitions and scored at least three goals in each game
Brazil's Palmeiras Advance To Copa Libertadores Final Again
BELO HORIZONTE: Defending champions Palmeiras booked their place in the final of the Copa Libertadores on Tuesday, securing a batling 1-1 against Brazilian rivals Atletico Mineiro to advance on away goals.
Cabinet Ministers Of UAE Sworn In At Qasr Al Watan
The ministers expressed their appreciation for the trust of the leaders of the UAE
Expo 2020 Star-Studded Opening Ceremony Will Mesmerise World
Opening ceremony viewing parties will take place across the country
Each One Of Us Is Going To Give Everything To Repeat History At T20 WC: Rohit
Currently leading the Mumbai Indians in the IPL, Rohit Sharma will be a key member of India’s formidable bating line-up along with skipper Virat Kohli at the upcoming T20 World Cup
Appointing Dhoni As Mentor For T20 World Cup Is Not To Undermine Anybody, Says BCCI
Originally, the marquee T20 World Cup event was scheduled to start in 2020. However, due to the COVID-19 pandemic, it was suspended. And instead of India, it will take place in UAE and Oman
Messi Headlines Argentina Squad For WC Qualifiers; Wales' Bale Out With Injury
The Argentines are away in Paraguay on Oct.7 before hosting Uruguay three days later and wrapping up against Peru on Oct.14, also in Buenos Aires. Bales’ absence for October’s doubleheader deals a serious blow to Wales’ qualification hopes for the 2022 World Cup in Qatar
Pentagon Chief Defends Execution Of Kabul Airlift
Austin asserts the evacuation was a historic accomplishment that rescued 124,000 people from Taliban rule, adds Afghan army collapse ‘took us all by surprise’
100 US Citizens Still Waiting To Leave Afghanistan: Official
Some American citizens did not want to leave Afghanistan without family members who did not have the required travel documents to enter US; Taliban, ex-govt row ends in no speech at UN
12,600 Tonnes Of Goods Worth Dhs948m Cleared For Expo
Dubai Customs revealed the facilities and preferential services it dedicates to exhibitors and visitors of Expo 2020 Dubai, which kicks off on 1st October