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GM, Ford extend some production cuts

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General Motors Co. and Ford announced some plant production cuts would be extended due to the ongoing semiconductor chip shortage.

GM's Chevrolet Blazer production at its Ramos plant in Mexico will be suspended for an extra two weeks.

Ford is halting production of its Transit vehicle this week at a Kansas City plant. That same plant will continue to build F-150 trucks.

Read more from Reuters.

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