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Cloud-based Technologies Can Drive the Future of Europe’s Automotive Industry

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In July 2021, the German Association of the Automotive Industry, known as Verband der Automobilindustrie (VDA), cut its forecast for production growth from 13 percent to 3 percent, citing supply-chain disruptions, including a shortage of semiconductors. billion pounds ($3.30 Euros) to costs. billion pounds ($3.30 Euros) to costs.