The chips shortage continues to pressure industry and presents a significant to existential challenge for automotive suppliers, highlighting the need for a dedicated semiconductor strategy and tangible action from policymakers. European automotive suppliers welcome the European Commission’s initiative for an EU Chips Act, due to be published 8 February, and present four concrete actions to make … [Read more...]
Coronavirus threatens many car makers
Car makers, suppliers and Government officials in Japan will work together to solve issues arising from the effects of the Far East coronavirus. Some Chinese suppliers have closed and are struggling to return production hampered by internal blockades, quarantine and labour shortages and the Japanese economy which heavily relies on automotive sector wants to limit damage and ensure it is ready to … [Read more...]