Volkswagen has warned managers to get ready for a bigger production hit in the second quarter compared to the first one as the global chip shortage continues. “We are being …
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Financial Times
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- Hyundai
Hyundai to face production issues from April as chip shortage continue
by SpeedLuxby SpeedLuxA widespread chip shortage affecting automakers worldwide is expected to disrupt production at Hyundai Motor’s operations from April, the Financial Times reported on Wednesday, mentioning a person with direct knowledge …
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China’s Geely Automobile Holding is discussing with Aston Martin management and investors regarding a stake in the luxury carmaker that it wants to take, according to a source knowledgeable about …
- Nissan
UK promised Nissan 80 million pounds of support for 2016 auto investment
by SpeedLuxby SpeedLuxUK promised about 80 million pounds ($104 million) in support to Nissan in 2016 as part of a significant investment by the Japanese automaker in its British car plant just …