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29 Mar
09:39

'Structural' microchip shortage impact to last: Spanish carmakers

Spanish automotive production fell in February after demand dropped in the local and European markets, and the microchip shortage continued to hurt performance, Kallanish learns. “The poor evolution of sales in the main markets, together with the microchip crisis, which is presenting itself as a structural rather than a cyclical issue with no anticipation of ending, are worsening Spanish manufacturers’ activities,” according to national aut…
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