Toyota said to cut its global car production plan in September by 40%
Toyota originally aimed to build fewer than 900,000 vehicles in September, a figure that has been reduced to 500,000.
Chip shortage fears resurface, does Nio need to worry?
Bosch on Wednesday announced closure of its Malaysian factory which supplies Nio, TSLA, Audi, VW, BMW & others. Audi Production may be…
Auto chip shortage fears return as Malaysia’s Covid-19 outbreak worsens
The tight supply of automotive chips, which had eased in recent months, seems to have returned.
Chinese market regulator probes auto chip distribution firms for suspected price gouging
A semiconductor index in Shanghai extended its decline to more than 6 percent on the news.
TSMC says carmakers can expect sharp uptick in chip supply
TSMC said its MCU production in the first six months of the year rose 30 percent over the same period last year, and the company will increase…
Auto chip supply expected to improve significantly from July, China’s auto association says
In terms of auto production, the improvement in chip supply should be evident in August, the CPCA said, adding that the chip problem should be…
Chairman of China’s largest automaker expects chip shortage to ease in July
Chip shortage is a key factor limiting the capacity of global car companies, but the situation is not far from improving.
Renesas’ fire-damaged plant restored to 100% capacity, expected to ease chip shortage fears
Good news for the global automotive industry hit by a global chip shortage.
China auto industry expects chip shortage to ease in H2, CICC says
CICC is bullish on the whole industry chain boom and recommends focusing on Nio and Li Auto.
TSMC said to prioritize auto chips, Apple orders
TSMC will prioritize its capacity allocation to automotive chips and Apple orders for the third quarter of this year, followed by chip orders…