Exciting news for the automotive industry🚗💥 The semiconductor supply is easing up!
In May, global production by eight Japanese passenger car manufacturers reached an impressive 2,047,000 units, marking a 28% increase compared to the same month last year! 🌍📈
This positive trend can be attributed to the easing of the semiconductor shortage and the recovery from last year's lockdowns in Shanghai, China, and other cities due to the pandemic.
However, the situation isn't fully resolved yet. Automakers still face challenges due to persistent parts and chip shortages. 🛠️⚡
Let's remain hopeful as the automotive industry continues to work hard towards a complete recovery 🙌✨
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