Soaring car prices have set off a battle between automakers and independent dealers, with consumers routinely paying hundreds, often thousands, more than the listed price amid a protracted vehicle shortage. Ford and General Motors recently upbraided dealers for ignoring the …
by mark000 https://thenextweb.com/news/buying-a-new-car-maybe-wait-for-the-chip-shortage-to-end-first More: https://www.google.com/search?q=how+many+semiconductors+in+a+car&ie=utf-8&oe=utf-8
Semiconductor shortage appears to be worsening, as coronavirus causes new supply problems in Southeast Asia The global semiconductor shortage that has paralyzed automakers for nearly a year shows signs of worsening, as a new wave of coronavirus infections halts assembly …
Given the robust customer demand, dealers like Gilchrist could sell many more cars and trucks, if only they had more. Even at elevated prices — the average new-vehicle sales price tops $40,000, up nearly 10% in two years — customer …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Welcome to the Big Club of Saturation & Decline. For the month of December, light new-vehicle sales in China plunged 13%, compared to a year ago, to 2.23 million vehicles, the China Association of Automobile Manufacturers …
By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Honda, the fourth largest car producer in the UK, has unveiled plans to halt its UK production for the first six days of April in order to stockpile parts in the …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter A structural shift with some significance for the auto industry. Since we’re keeping a keen eye on the auto industry, this trend could become meaningful. In large urban areas where millions of people are trying to …
Germany’s chancellor said Thursday she’s willing to back lower tariffs on U.S. auto imports as a potential European Union (EU) concession to the Trump administration – just one day after CEOs of Germany’s biggest carmakers reportedly voiced support for eliminating such tariffs …
by stockboardasset via Mish I ran China’s 14-page, 545 item tariff list through a translator. You can download the translated doc. The New York Times reports U.S. and China Expand Trade War as Beijing Vows to Match Trump’s Tariffs. The Trump administration said …