Automakers worldwide have scaled back production due to a shortage of semiconductors. Companies which have announced temporary halts on production include Volkswagen, Toyota, General Motors, Ford, Nissan, Honda, Suzuki, Mitsubishi, Daimler (Mercedes) and Stellantis (merger of Fiat-Chrysler and Peugot).
IHS Markit estimates… Read More
There must be few less enviable jobs right now than Chairman and CEO of VW. According to Dr. Herbert Diess who has that dubious honor, the VW board debated whether they should attend CES this year and decided that on balance it was better to be visible, face the music and present their technology progress and visions than to lay low.… Read More