European automakers could be faced with large cuts in car production by as much as 40% each quarter through the end of 2023. Auto forecaster S&P Global Mobility is projecting a worst-case scenario. With the auto industry still recovering from the pandemic and Russia’s invasion on Ukraine, paired with soaring energy costs and power cuts, […]
Read MoreGlobal Disruptions Have Caused Headaches for Auto Makers
GM is now the latest in a long line of auto makers announcing production stoppages due to chip shortages.
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