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Volkswagen sounded the alarm concerning the growing downside final month. A employee is seen inside the production chain at Renesas Electronics, a semiconductor producer, in Beijing on May 14, 2020. A international laptop chip scarcity is affecting automakers.
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As of 2011, there have been more than one billion motor vehicles in use on the planet, excluding off-road autos and heavy development gear Car & Automotive. The US publisher Ward’s estimates that as of 2019, there were 1.four billion passenger automobiles in use in the world.
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