Both houses of Congress have passed laws to make the US more competitive with China, including…
Tag: semiconductor chip shortage
Denso may consider shutting down chip business: Report
Denso’s CTO, Yoshifumi Kato, said last week that the company expects demand for auto chips to…
Volkswagen CEO sees production rebound
Volkswagen CEO Herbert Diess said he sees a “clear improvement” in semiconductor supply and expects the…
Toyota warns of profits to cut raw material costs by 20%
Toyota Motor warned that “unprecedented” hikes in raw material costs could reduce a fifth of full-year…
European new car sales to drop 1.5% in 2021: report
A global semiconductor shortage and other supply chain issues have curtailed delivery of cars globally, with…
Mitsubishi says chip shortage could hit Mexican production in H1: report
Due to chip shortages, auto production in Mexico fell 2% in 2021 compared to the previous…
EU car sales to grow 7.9% in 2022 as chip supply stabilizes: report
The European Automobile Manufacturers Association (ACEA), representing Europe’s 16 major automakers, said it would follow a…
Ford Mustang shuts down production due to semiconductor shortage
The Flat Rock Assembly Plant in Michigan, where the Ford Mustang is being assembled, is seeing…
BMW CEO expects chip shortage to last through 2023
By Reuters , Published: 17-Apr-22 12:00 PM IST 0 ideas see photos BMW CEO Oliver Gipps…
Chip supply will last until 2024, says Volkswagen CFO Börsen-Zeitung
The supply of semiconductor chips is unlikely to be sufficient to fully satisfy demand again until…