[ad_1] French carmaker Renault said on Friday its production losses in 2021 because of a global semiconductor chip shortage would be far larger than previously forecast, but maintained its profit…
Tag: Car industry
Electric vehicle car sales soar in Europe
[ad_1] The sale of electric vehicles (EVs) and fossil-fuel alternatives is soaring in Europe as the bloc seeks to combat global warming. Almost one in five vehicles sold in the…
Global supply chain issues could hit Tesla as hard as German carmakers
[ad_1] Germany’s automotive industry – whose gross production value is worth nearly €500 billion a year – is bracing for some bumps in the road ahead as global supply chains…
Hyundai, Kia expect auto sales jump in 2022 amid chip shortage
[ad_1] South Korea’s Hyundai Motor and affiliate Kia Corp on Monday forecast that their combined global sales will jump 12.1 per cent in 2022, even as last year’s sales fell…