Inflation won’t stop 2023 auto sales growth amid chip recovery
US auto sales likely rose in December and will rebound in the new year as a recovery in vehicle production ...
Tag: semiconductor chip
VW closes in on $1 billion JV with Chinese chipmaking startup
Volkswagen AG is close to reaching a joint venture deal with Chinese autonomous driving startup Horizon Robotics Inc. that could ...
Ukraine war could give rise to 2 parallel automotive supply chains
LAS VEGAS — The ongoing war in Ukraine could complicate already delicate global supply chains and give rise to split ...
Polestar CEO sees chip shortage dragging to 2022 amid SUV launch
Polestar, the electric-vehicle maker that’s set to go public in a $20 billion reverse merger next year, expects to battle ...
Toyota’s output slumps 26% on prolonged supply-chain snarls
Toyota Motor Corp.’s global output dropped by more than a quarter in October from a year earlier, as a shortage ...
BMW muscles through chip shortage with profit jump
BMW AG earnings jumped to beat expectations after higher vehicle prices and prioritizing money-spinning models like the $75,000 X7 SUV ...
3 key themes for this week’s Auto Finance Summit
LAS VEGAS — Finally, industry participants will come together this week at the Auto Finance Summit, after many long, pandemic-filled ...
Consumers continue to delay purchases, shift to used market amid chip shortage
Dealerships are facing new challenges as nearly half of all consumers looking to purchase a new vehicle postponed their purchases ...
