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Ford Reportedly Sells $214 Million Worth of Its Shares in Electric Truck Maker Rivian

Tags: supply chain(1)
... Rivian is said to be struggling in a competitive market, including competition from Ford's F-150 Lightning electric pickup truck, while a supply chain crisis is limiting production at its plants.

Apple Supplier Foxconn Predicts Tough Quarter Ahead Amid Low Demand, Rising Inflation in China

Tags: supply chain(1)
... The company has blamed rising inflation, escalating supply chain issues and cooling demand in locked-down China for the tough quarter.

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