Tag: supply chain
New data indicates chip supplies improving but not for every automaker
Despite supply chain shortages improving, new data indicates that some automakers still feel pinched more acutely than others.Â
Honda informed shareholders that despite the growing...
Ford, Farley and Formula 1: A peek into the brand’s future...
Jason Stein is the host of Cars & Culture on SiriusXM, an automotive history podcast featuring interviews from business leaders such as Volkswagen CEO...
U.S. loses trade dispute with Canada, Mexico over parts sourcing
The U.S. has lost an automotive trade dispute brought against it by Canada and Mexico over parts sourcing requirements.
According to an agreement between the...
Inventory pressures still top of mind for auto retailers in 2023,...
Research published by Wards Auto reveals that dealerships are still looking to shore up their inventories in 2023, despite struggling with vehicle shortages for...
How Hyundai is planning to beat last year’s sales volume
Hyundai and its subsidiary, Kia, now expect to beat last year's sales volume by 670,000 units, achieving a total of 7.52 million.
In its statement,...
Tesla selling discounted showroom and test-drive vehicles after cuts to production
Tesla is now selling models originally dedicated for showrooms and test-drives after running out of inventory in several locations.
The automaker has received no shortage...
Rare Tesla discount gets boost for holidays as investors worry over...
In an extreme departure from form, the holiday Tesla discount will be doubled to $7,500 in the U.S.
The Tesla discount was already a rare...
EV tax incentive delays could work in auto industry’s favor
The U.S. Treasury Department announced it would delay key pieces of its 2023 electric vehicle tax incentive guidelines until March.
Originally, the agency aimed to...
Microchip shortage now expected to last until next Christmas
While hopes of a supply chain recovery persisted throughout the year, industry insiders now expect microchip shortages to last throughout 2023.
Semiconductor and chip manufacturers...
Used-car market floundered in 2022, according to Cox report
A new Cox Automotive report reveals that the used-car market continually shrunk throughout 2022.
Using the Manheim Used Vehicle Value Index, Cox Automotive's preferred tool...
