Carmakers and suppliers have turned in strong results that beat expectations for the first half of the year, but they warned that a lack of semiconductors had crimped production.
The pandemic has altered people’s habits, causing a surge in demand for home electronic devices. This has swept the global chip supply and disrupted automobile manufacturing.
Car companies like Toyota, Hyundai and Mitsubishi could face stiff competition in Ghana as a local brand joins the market. Kantanka is the country's first local vehicle manufacturer.
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