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Carmakers Learn to Live With Chip Shortage: Auto Sales Update Jul 02 2021, 9:53 PM July 01 2021, 9:59 PM July 02 2021, 9:53 PM (Bloomberg) Automakers’ sales soared in the second quarter as consumers snapped up sport utility vehicles and pickups, but thin inventories created by the global semiconductor shortage are tempering the pace of the industry’s recovery. (Bloomberg) Automakers’ sales soared in the second quarter as consumers snapped up sport utility vehicles and pickups, but thin inventories created by the global semiconductor shortage are tempering the pace of the industry’s recovery. General Motors Co., Toyota Motor Corp. and others said Thursday that their sales soared in the most recent quarter, buoyed by pent-up demand for vehicles as Americans loosened their purse strings following last year’s pandemic-induced slowdown. But automakers like Nissan Motor Co., Hyundai Motor Co. and Volkswagen AG warned that shrinking inventory due to chip s

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