Tuesday, July 5, 2022
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strike

South Korean trucker strike takes aim at semiconductors, clogs supply chain

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In protest of the ever-escalating fuel costs, truck drivers in South Korea have taken their foot off the gas. Government predictions suggest that at...
suppliers

Suppliers get creative to battle raw materials and semiconductor shortages

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The Russia-Ukraine War and the lingering impact on production cycles due to COVID-19 are still influencing the supply of new automotive vehicles. Materials like...
Toyota

Toyota trims June production by 100,000 units due to chip shortage

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On Tuesday, Toyota Motor Corporation announced that global production for June would experience further adjustments as the carmaker grapples with supply chain issues. Of a previously...
new car

New car prices edge higher in April, supply remains about the...

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This week, a Cox Automotive analysis showed that new car prices are continuing to rise while new inventory is staying low due to ongoing...
chip shortage

Where does the semiconductor chip shortage stand today?

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With modern cars sometimes needing thousands of semiconductor chips to run the various electronics, automakers are still feeling the effects of the shortage. Today’s new cars are being sent off the production line without valuable tech installed, and customers aren’t happy. How long will this tech shortage persist and what can manufacturers do about it? […]
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chip shortage

A look inside the current state of the semiconductor microchip shortage

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While automakers and basically every manufacturer around the world were hoping the semiconductor microchip shortage would be a thing of the past by now, the issues are continuing to have a negative impact on production across all industries. Automotive dealers have seen a drastic decline in inventory as the shortage has dragged on, and expert […]
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magnesium

How the magnesium shortage could affect the auto industry

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While the semiconductor chip shortage remains the most discussed deficit affecting the auto industry, the low magnesium supply is increasingly becoming a concern as well. China’s energy crisis has caused a significant increase in energy costs as well as the need for many manufacturing plants to shut down or slow production in order to meet […]
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production

Carmakers scale back production further on semiconductor shortage

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Halfway around the globe in Malaysia, COVID-19 cases have spiked badly in the past five weeks, and daily case counts in the nation of around 32 million have been surpassing 20,000 consistently. At least one Malaysian semiconductor chip supplier has been asked to shut their doors for the week by the government due to an […]
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Chip Shortage - Jessica Caldwell

How will the semiconductor shortage affect inventory levels in 2021? –...

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In this segment of CBT News, host Jim Fitzpatrick is joined by Jessica Caldwell, Executive Director of Industry Insight for Edmunds. Caldwell joins the show to discuss rising transaction prices for new vehicles, the used-vehicle market, and the semiconductor shortage. Caldwell begins by looking back at 2020 and where the automotive market currently stands. She […]
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