chip shortage
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Chip shortage changes car industry fundamentally: Daimler manager
The automotive industry faces fundamental changes as the world struggles with a shortage of semiconductors, a senior Daimler executive said.…
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Supply chain issues pressure European industrial firms: Fitch
Full recovery could be delayed until first half of 2022, rating agency says Global supply chain disruptions, longer shipping times…
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Hyundai Motor’s Q3 profit misses estimates as chip shortage takes a toll
South Korea’s Hyundai Motor Co slightly missed analysts’ profit estimates as the global chip crisis drove down vehicle shipments and…
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Renault expects output loss of 500,000 vehicles amid chip shortage
Group sold 599,027 vehicles in 3rd quarter of 2021, a decrease of 22.3% French carmaker Renault said on Friday it…
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Global chip shortage could dent China’s car production
Crisis may cut car production in China by about 2M units this year, warns business official The worldwide chip shortage…
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