Automakers’ Ukraine exposure, Europe supply lines, Avtovaz production cuts – the week

Which automakers are most uncovered to Russia-Ukraine disaster? We updated our search at vehicle makers’ publicity to the deepening crisis. Automotive gamers all over the environment have responded to Russian aggression with condemnation and actions that will isolate the state further more. OEMs which includes Volvo Autos, Toyota, Ford, Jaguar-Land […]

Toyota again cuts full-year sales and production outlook as profits plunge

TOKYO – Microchip-challenged Toyota Motor Corp. again downgraded its world wide gross sales and generation outlooks following functioning revenue tumbled 21 % in the most current quarter with the semiconductor shortage and pandemic crimping output, stymying profits and denting earnings. The world’s most significant automaker slice its international consolidated gross […]

UK commercial vehicle production down in November

Uk industrial vehicle (CV) manufacturing lessened to seven,940 models in November, according to the Culture of Motor Producers and Traders (SMMT). The decrease of seven.eight%, the weakest November efficiency given that 2017, reflects the issues confronted by the wider sector, with the world-wide shortage of semiconductors – alone a by-merchandise of […]

UK car production down 41.4% in October

Car or truck manufacturing in the Uk fell forty one.four for each cent year-on-year in October 2021, with just sixty four,729 motor vehicles rolling off manufacturing strains, creating for the worst October for the business considering that 1956. The continuing world-wide semiconductor shortage was the major trigger, according to the […]