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How to boost auto industry’s supply chain resiliency

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Global supply chains were sorely stressed by the COVID-19 pandemic, and the U.S. automotive sector was no exception. The magnitude of supply disruptions drove a 14 percent drop in 2020 new-vehicle sales compared with the year before, and now, just as widespread vaccination has started restoring a sense of normalcy, automakers are facing severe inventory issues driven by a semiconductor shortage.

What can automotive companies do to address these urgent risks?

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