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Chip shortage causes more disruptions in auto production, but trader has a hedge play

April 9, 2021


General Motors announced a halt in production at several North American plants and Ford announced additional downtime at two plants, the latest disruptions to the auto supply chain because of a chip shortage.

Shares for GM were down 1% on Thursday, the day of its announcement. Ford closed down nearly 2%.

Both stocks have risen more than 40% for the year, despite the continuing production issues.

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