For North America, LMC Automotive estimates that for all of 2021, the chip shortage would reduce North American auto production by 787,000 units. To put that in context, that would be about 4.8% ...

As the global chip shortage drags on, car makers from General Motors to Tesla find themselves forced to adjust production and rethink the entire supply chain. Illustration/Video: Sharon Shi Some ...

Chip sales in the auto sector skid as the post-pandemic frenzy turns into an inventory glut. With tapering of sales and other ...

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As a result of the computer chip shortage, U.S. auto dealers had only about 900,000 units in inventory for March, far fewer than needed, according to Thomas King, president of the Data and ...

the White House invited big names in the tech and auto industry to discuss the global chip shortage. A recent study by AlixPartners suggests that in 2021, the semiconductor chip shortage would ...

If you’re thinking of buying a sweet new ride this summer using stimulus check savings, you might want to rethink your purchase, because new and used car prices are soaring nationwide due to ...

Mobileye forecast preliminary 2024 revenue below estimates showing that the automotive chip industry ... Production shortage can extend the waiting periods for popular models of auto makers ...

If you are planning to buy your favourite car, you may have to wait longer as a severe shortage of chips has led automakers to cut production. The limited supply of cars comes at a time when the ...