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  • Ford estimated Wednesday that the global semiconductor shortage will cut second-quarter auto production in half, and warned the supply crunch "will get worse before it gets better." Ford expects to lose 1.1 million units of production in 2021, resulting in an earnings hit of some $2.5 billion, the company said in an earnings release. Ford has trimmed production of the F-150 pickup truck and other models due to the global supply crunch. jmb/hs
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  • Ford says Q2 car output will fall 50% on semiconductor shortage
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