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Subaru lowers annual target due to an ongoing lack of semiconductors

On Feb. 8, 2023, the Japanese automaker Subaru Corp. reduced its annual output target by about 10% due to the persistent effects of a...
semiconductor chip

What is the state of North America’s semiconductor chip market?

New estimates from AutoForecast Solutions show that the semiconductor chip shortage that has plagued auto manufacturers for the past two years may be easing....

Vice President Harris to meet with Japanese semiconductor chip firms

Vice President Kamala Harris is in the middle of a diplomatic visit to Japan, where she is scheduled to meet with several semiconductor-related businesses...
Toyota production

Toyota scales back October production output due to chip shortage

The semiconductor chip shortage is still affecting vehicle manufacturers globally, including the world’s largest automaker by sales, Toyota. On Thursday, the Japanese company said...

Major automakers pen letter to Congress requesting more chip funding

According to a letter obtained by Reuters, major automakers and industry suppliers asked Congress on Wednesday to act promptly and approve $52 billion in subsidies...

Volkswagen partners with Qualcomm for chip technology

On Monday, German newspaper Handelsblatt reported that Volkswagen has agreed to partner with U.S.-based Qualcomm to develop self-driving vehicles. Volkswagen Chief Executive Officer Herbert Diess reportedly visited the...

Stellantis CEO says chip shortages will continue into 2023

Carlos Tavares, Stellantis’s Chief Executive Officer, said at an event on Friday that he does not foresee the semiconductor chip shortage ending this year and expects...

Twitter’s Guy Schueller shares advice for auto marketers as EVs gain...

Trends come and trends go, so what should your team be focused on for continued success in this new year? On today's edition of...
car dealers

How car dealers can better source used car inventory in 2022

Dealerships faced major headwinds in 2021 as an anticipated shortage of critical vehicle components like semiconductor chips put the brakes on new car production....

2021: Auto industry stories that made headlines

As always, this year has been an interesting one as the auto industry has continued to struggle with shortages and delays, but there have...