Carmakers around the world have been hit in recent weeks by a worsening global semiconductor shortage that’s led to production cuts and staff layoffs.
GAC Toyota Motor Co., a joint-venture between China's GAC Group and Japanese automaker Toyota, said earlier this month that, due to a shortage of auto chips, operations of some production lines were suspended at one point although the production had already resumed.
From December 2020 to January this . . .
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