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Stories about: chip shortage

Volkswagen’s Chip Forecast Is Bad News in the Short Term, Good News in the Long Term
Volkswagen’s Chip Forecast Is Bad News in the Short Term, Good News in the Long Term

8 Dec 2021, 23:20 UTC · By: Bogdan Popa / The German carmaker does not expect the chip shortage to be gone in the first half of the next year, yet a recovery is likely in late 2022

 
Stellantis' Latest Deal With Foxconn May Be Their Path Out of Chip Shortage
Stellantis' Latest Deal With Foxconn May Be Their Path Out of Chip Shortage

7 Dec 2021, 16:27 UTC · By: Benny Kirk / Now, months into the shortage, the microchip producer Foxconn and the multinational auto firm Stellantis are ready to provide at least a bit more support

 
Chip Makers Finally Share Some Good News for Car Manufacturers
Chip Makers Finally Share Some Good News for Car Manufacturers

6 Dec 2021, 23:08 UTC · By: Bogdan Popa / Report indicates the production of chips has increased in the last few weeks, therefore paving the way for a subtle recovery in the car industry

 
Nissan Has Bad News for People Thinking the Chip Shortage Is Nearing Its End
Nissan Has Bad News for People Thinking the Chip Shortage Is Nearing Its End

1 Dec 2021, 10:49 UTC · By: Bogdan Popa / In fact, the shortage is about to get worse, and the health crisis seems to be the one to blame, Nissan boss recently explained in a statement

 
GM's Chip Sorcery Means Heated Seats Will Still Be Offered on New Vehicles
GM's Chip Sorcery Means Heated Seats Will Still Be Offered on New Vehicles

30 Nov 2021, 23:06 UTC · By: Bogdan Popa / The American car giant has found a way to deal with the lack of chips and therefore still bring heated seats to new vehicles

 
Ford Joins Forces with Chip Maker to Resolve the Shortage Once and for All
Ford Joins Forces with Chip Maker to Resolve the Shortage Once and for All

18 Nov 2021, 22:58 UTC · By: Bogdan Popa / The Detroit automaker has announced a partnership with GlobalFoundries to tackle the chip shortage more effectively in the short and long term

 
Nissan Announces Profitability for First Time Since Chip Shortage Began
Nissan Announces Profitability for First Time Since Chip Shortage Began

15 Nov 2021, 15:02 UTC · By: Benny Kirk / Nissan first reported signs of profits on November 9th when they announced their July-September quarter revenue reports with sales up 1% in Asia

 
Turkey Builds Over 100k Cars in October, Despite Cratering Global Auto Industry
Turkey Builds Over 100k Cars in October, Despite Cratering Global Auto Industry

15 Nov 2021, 14:26 UTC · By: Benny Kirk / Turkey's one of a few nation's that's seen their auto industry falter but not fail thanks to the stresses of a chip shortage

 
Tesla Drops USB Ports, GM Removes Heated Seats, and More Chip Struggles
Tesla Drops USB Ports, GM Removes Heated Seats, and More Chip Struggles

14 Nov 2021, 13:14 UTC · By: Bogdan Popa / Carmakers are still having a hard time dealing with the global chip shortage, and more of them end up removing certain equipment on new cars

 
The Global Chip Shortage Isn’t Going Anywhere, Says the Company That’s Almost Always Right
The Global Chip Shortage Isn’t Going Anywhere, Says the Company That’s Almost Always Right

12 Nov 2021, 23:03 UTC · By: Bogdan Popa / Foxconn expects the chip crisis to continue until at least the second half of 2022, with most industry sectors to continue the struggle

 
Automakers Cut Annoying Holiday TV Commercial Budget Over Cratering Sales, Mercifully
Automakers Cut Annoying Holiday TV Commercial Budget Over Cratering Sales, Mercifully

12 Nov 2021, 17:15 UTC · By: Benny Kirk / The 5% decrease in TV advertisement, or $57 million dollars from the year before shows automakers are fairly confident the tried and true approach wont work.

 
GM Moves Unfinished Trucks from Ad-Hoc Parking Lots Back to Plants, Chip Crisis Not Over
GM Moves Unfinished Trucks from Ad-Hoc Parking Lots Back to Plants, Chip Crisis Not Over

10 Nov 2021, 23:00 UTC · By: Bogdan Popa / General Motors has started emptying parking lots filled with unfinished trucks, as the company is now installing the necessary systems

 
Korean Think Tank Contradicts Jaguar Land Rover, Says Chip Shortage Will Last Through 2022
Korean Think Tank Contradicts Jaguar Land Rover, Says Chip Shortage Will Last Through 2022

8 Nov 2021, 14:44 UTC · By: Benny Kirk / Katech, which often enters in partnerships with companies like Kia and Hyundai, predicted that at least 10.1 million vehicles would be taken out of production

 
Explosion Rocks Canadian Stellantis Production Plant, Police Investigation Conducted
Explosion Rocks Canadian Stellantis Production Plant, Police Investigation Conducted

7 Nov 2021, 20:02 UTC · By: Benny Kirk / The explosion comes soon after the plant implemented shot mandates in an effort to quell the spread of the current global health crisis within the factory

 
Jaguar Land Rover Expects Semiconductor Woes To Subside by Mid 2022
Jaguar Land Rover Expects Semiconductor Woes To Subside by Mid 2022

7 Nov 2021, 19:25 UTC · By: Benny Kirk / It's traditional for automakers to announce detailed reports of fiscal health statuses as well as the total number of vehicles sold

 
Ford Reveals Impressive Recovery as SUVs Hold Out Against the Chip Shortage
Ford Reveals Impressive Recovery as SUVs Hold Out Against the Chip Shortage

4 Nov 2021, 22:50 UTC · By: Bogdan Popa / The American company’s October 2021 sales are down 4 percent versus the same month a year ago, but the results are still better than expected

 
Hyundai Dodges Horror Chip Shortage Impact Prediction with Solid October Sales
Hyundai Dodges Horror Chip Shortage Impact Prediction with Solid October Sales

4 Nov 2021, 04:30 UTC · By: Bogdan Popa / The American division of the South Korean company says its sales dropped just 1 percent versus a 20 percent decline industry forecast

 
What a Nightmare: Carmakers Forced to Wait Up to 38 Weeks for Chip Orders
What a Nightmare: Carmakers Forced to Wait Up to 38 Weeks for Chip Orders

30 Oct 2021, 21:41 UTC · By: Bogdan Popa / Estimates shared by industry analysts indicate the wait times for chip delivers aren’t by any means getting better despite recovery signs

 
GM Accelerates Truck Production, Adds Overtime Shifts at Several Plants
GM Accelerates Truck Production, Adds Overtime Shifts at Several Plants

29 Oct 2021, 22:09 UTC · By: Bogdan Popa / The company says the chip crisis is easing off, so it can now accelerate the production of several models, including trucks like the Silverado

 
General Motors Reports 25% Drop In Revenue and 40% Drop in Profit During Q3
General Motors Reports 25% Drop In Revenue and 40% Drop in Profit During Q3

27 Oct 2021, 15:31 UTC · By: Stephen Rivers / General Motors has big plans for its future but it's got a challenge ahead as it reports a 40% drop in profit and a 25% drop in revenue for Q3