Automakers
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Just 6,800 units were added last week to AutoForecast Solutions’ tally of vehicles lost to the semiconductor shortage, one of the lowest weekly totals since the start of the microchip crisis.
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AutoCanada says ongoing inventory shortages combined with strong demand should leave the pace of new- and used-vehicle sales unchanged in the near term.
Linamar Corp. says sales climbed in its last quarter on increased market share and higher pricing while profits saw a modest dip in part on higher input costs.
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