This Is One Possible Explanation for the Current Car Prices We Are Facing Today
19 Sep 2022, 14:32 UTC · By: Sebastian Toma / Did you ever feel that there are hidden forces at play involved in manipulating car prices? Well, something may be happening, but it is not just that
MINI Stops Making Vehicles With Manual Transmissions, Might Not Offer Them Again
2 May 2022, 17:30 UTC · By: Sebastian Toma / A supply chain shortage has made the folks over at MINI decide to stop making vehicles with manual transmissions. This might be the death of their manual
Toyota’s Sales Take a Dip Owing to Industry-Wide Chip Shortage, Net Profit Falls by 5%
9 Feb 2022, 09:57 UTC · By: Humphrey Bwayo / World's best-selling car maker's quarterly sales slumped by 5% to $63 billion owing to the chip shortage, officials said crisis could extend to 2023
Japanese Automaker Nissan Recorded Profits in 2021 Despite Industry-Wide Chip Shortage
8 Feb 2022, 11:03 UTC · By: Humphrey Bwayo / Nissan Motor Co.,recorded profits in the third quarter of 2021 despite the global chip shortage, the Nissan Note and Pathfinder popularity helped boost sales
Chip Companies Invest Billions Into Semiconductor Facilities To Curtail Global Demand
4 Feb 2022, 09:17 UTC · By: Humphrey Bwayo / Chip companies witnessed record sales in 2021 even with a global shortage, they are now investing billions into R&D facilities to boost production
If You Are Waiting for Car Prices To Improve in 2022, Buckle Up, the Ride Could Be Longer
2 Feb 2022, 10:28 UTC · By: Humphrey Bwayo / Both new and used car sales could rise in the first and second quarter of 2022 due to chip shortages, and effects of the global health crisis
Here We Go Again: Chipmakers Reduce Production Due to New Lockdowns
1 Jan 2022, 23:05 UTC · By: Bogdan Popa / Samsung and Micron have recently confirmed that the new restrictions put in place by the Chinese government are hitting their local operations
Used Car Price Bubble May Burst in 2022, Damage Is Already Done
31 Dec 2021, 19:46 UTC · By: Sebastian Toma / Analysts warn that the used car price bubble may burst in 2022. Many could find themselves with overpriced second hand cars on their hands
BMW to Sell New Cars Without Touchscreens Due to the Chip Crisis
5 Nov 2021, 22:03 UTC · By: Bogdan Popa / The carmaker has decided to ship a series of new models without touch support on the screen in an attempt to save more chips
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
Bosch to Invest $467 Million to Boost Chipmaking Capacity in Three Facilities
2 Nov 2021, 14:48 UTC · By: Sebastian Toma / Bosch has announced its decision to invest $467 million (EUR 400 million) in three of its facilities that are in charge of chip manufacturing in 2022
Chevrolet Silverado 1500 Is Another Victim of the Global Chip Shortage
25 Oct 2021, 21:56 UTC · By: Bogdan Popa / General Motors has announced that the production at the Silao plant where it makes the Silverado 1500 will be suspended because of the chip shortage
Stop the Nonsense, the Chip Shortage Won’t End in 2022, Intel CEO Warns
22 Oct 2021, 23:50 UTC · By: Bogdan Popa / Pat Gelsinger says the chip crisis will continue until 2023, so the current struggle just wouldn’t come to an end too soon
Ford Highlights the Effects of the Global Chip Nightmare
17 Oct 2021, 07:52 UTC · By: Bogdan Popa / The American carmaker says its Chinese sales recorded a drop of no less than 8.7 percent, all due to the global semiconductor shortage and the health crisis
2022 Geneva International Motor Show Already Canceled Due to Pandemic Issues
7 Oct 2021, 15:13 UTC · By: Sebastian Toma / The organizers of the Geneva International Motor Show have decided to cancel the 2022 edition of the event due to issues related to the global pandemic
New GM Numbers Show Just How Much Damage the Chip Shortage Ended Up Causing
3 Oct 2021, 15:38 UTC · By: Bogdan Popa / The company says its third-quarter sales collapsed this year as compared to the same period a year ago due to the lack of semiconductors
How General Motors and Ford Could Deal with the Chip Shortage More Efficiently
2 Oct 2021, 06:45 UTC · By: Bogdan Popa / Carmakers are still struggling with the lack of chips, and analysts believe it’s time for the industry to completely change the standard business model
General Motors Finally Has Some Good News in the Chip Shortage Saga
1 Oct 2021, 05:20 UTC · By: Bogdan Popa / The company has confirmed that the production of the Camaro and certain Cadillac models at the Lansing Grand River plant will finally resume
Ford Seeing the Light at the End of the Chip Tunnel, No Miracle Happening Overnight
29 Sep 2021, 07:57 UTC · By: Bogdan Popa / Company CEO Jim Farley says the global chip shortage is easing off, though this doesn’t necessarily mean it’s already gone for carmakers out there
Horror Chip Shortage Effects as Nearly Half of Car Buyers Ready to Delay Purchase
27 Sep 2021, 09:18 UTC · By: Bogdan Popa / Research shows that new-car buyers are willing to postpone their purchase because of the consequences of the global chip shortage