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The impact of war on the automotive industry Russia invasion of Ukraine

The impact of war on the automotive industry: Russia’s invasion of...

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The ongoing conflict between Russia and Ukraine is causing significant disruption to many segments of the global automotive business, particularly in Europe. The crisis...
chip shortage

Semiconductor chip shortage: Automakers not out of the woods

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Ford Motor's poor quarterly results demonstrated that the worldwide semiconductor shortage is still causing problems for automakers, but some are more affected than others. On...

Berlin and Austin-based Tesla factories are losing billions says CEO Elon...

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As Tesla struggles with supply chain snags that are delaying electric vehicle production, Elon Musk revealed that the EV maker is losing billions of...
Volkswagen

Volkswagen partners with Qualcomm for chip technology

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On Monday, German newspaper Handelsblatt reported that Volkswagen has agreed to partner with U.S.-based Qualcomm to develop self-driving vehicles. Volkswagen Chief Executive Officer Herbert Diess reportedly visited the...
Stellantis

Stellantis CEO says chip shortages will continue into 2023

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Carlos Tavares, Stellantis’s Chief Executive Officer, said at an event on Friday that he does not foresee the semiconductor chip shortage ending this year and expects...

Rivian CEO says the automaker faces challenges in securing parts for...

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During a tour of Rivian's Normal, Illinois-based production factory, the automaker's CEO R.J. Scaringe said it could not secure necessary parts for production, causing sharp...

Russia-Ukraine conflict intensifies pressure on U.S. auto market

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By now, you are probably well aware of how the War in Ukraine has led to drastic implications felt worldwide.  For those of us in...

Disruptions in the car business: How are auto dealers coping?

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From the first quarter of 2020 until the present, the COVID pandemic has forced dealerships to rethink the customer journey. Lasting changes have resulted,...
inventory

Tight inventory and record pricing continue through February

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JD Power and LMC Automotive have released their sales forecast for the month of February, and it appears the recent supply and pricing trends...