The ripples of the auto industry's chip shortage are still being felt, as evidenced by Honda. Bloomberg reported on Wednesday that the automaker will suspend production in Japan on January 5 and 6.
The auto industry, severely impacted by the pandemic, faces high car prices, high interest rates, and stagnant sales, with inventories rising to pre-pandemic levels. The chip shortage led to increased ...
Beijing says that the Netherlands is not taking steps to resolve the Nexperia issue, thus extending the chip shortage ...
Dutch chipmaker Nexperia has halted wafer supplies to its Chinese assembly plant in Dongguan, citing the local unit’s failure to meet contractual payment terms, according to a letter to its customers ...
A trade group representing the auto sector in the European Union said a critical chip shortage is worsening by the day, hitting automakers hard and putting vehicle production at risk. The European ...
[Stay on top of transportation news: Get TTNews in your inbox.] Carmakers around the world are planning to scale back production after an export freeze on a Chinese semiconductor company based in ...
According to the CEO of China's largest contract chipmaker, fears of a memory chip shortage have seen customers hold back on orders of other chips used in their products. Analysts say the supply ...
Honda 72670.59%increase; green up pointing triangle Motor cut its annual earnings forecasts after a weak first half, flagging slumping car sales in China and Southeast Asia and a nearly $1 billion ...
DETROIT – U.S. sales of Ford Motor's new vehicles last month declined by 33.1% from a year earlier due to an ongoing global shortage of semiconductor chips that's wreaking havoc on the automotive ...
April 28 (Reuters) - Dana Inc (DAN.N), opens new tab warned of shipping constraints and higher costs due to supply chain disruptions as the auto parts maker battles a global semiconductor chip ...
TAIPEI, Feb 4 (Reuters) - Taiwan Economy Minister Wang Mei-hua said on Thursday a global shortage of auto chips will not be a main topic for a meeting with the United States on Friday, as carmakers ...
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