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Friday, October 1, 2021

General Motors, Stellantis, Toyota and Honda Q3 deliveries hit hard by chip shortage


General Motors, Stellantis, Toyota and Honda Q3 deliveries hit hard by chip shortage



U.S. auto sales dropped dramatically in the third quarter as inventories continued to dwindle amid the ongoing chip shortage. Hyundai and Kia saw the largest gains among major brands.

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf