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Japan -1.55%. Automakers fell across the board in Japan with Toyota (TM) -2.6%, Nissan (NSANY) -3.3%, Honda (HMC) -2.9% amid fire at Renesas Electronic (RNECF) -4%. Fire at the chipmaker plant could aggravate an already existing semiconductor shortage problem.Renesas ...
Ford Motor Company (NYSE: F) said that it's still suffering from shortages of necessary computer chips, and for now, it will build F-150 pickups and Edge SUVs without essential electronic modules and store the vehicles until they can be completed. Ford, like other global automak...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors looking up Churchill Capital IV’s (NYSE: CCIV ) market value will find a company worth just $7.5 billion – a tempting target at first glance. After all, Tesla’s (NASDAQ: TSLA ) $...
Supply chain disruptions due to semiconductor shortages started dogging automakers and component makers late last year. Now, there are plastic shortages cropping up because petrochemical plants along the Gulf of Mexico shut down as a result of the Texas freeze. Automakers have ann...
Dr. Bjorn Lomborg has been speaking and writing about climate science for almost 20 years. He is president of the Copenhagen Consensus Center, visiting fellow at the Hoover Institution at Stanford University, and visiting professor at Copenhagen Business School. He is not a "climate skeptic"....
As if the automotive industry wasn’t under a lot of stress when a global pandemic crushed its global supply chains, it is now facing supply shortages. Biggest automakers have warned said the global shortage of semiconductors would force production cuts. General Motors Co. (NYSE...
European Union car registrations reported lowest February on record since 2013 of -19.3% to 771,486 units, followed by 24% decline in January, as COVID containment measures and uncertainty continue to weigh heavily on demand.Registrations in Italy -12.3%, Germany -19.0%, France -20....
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Fed in focus When the Federal Open Market Committee announces its monetary policy decision this afternoon, there's scant chance the Fed will raise rates or...
Honda (HMC) will suspend production for a week at a majority of its U.S. and Canada auto plants due to supply chain issues, Reuters reports.A company spokesperson cites the impact from COVID-19, the microchip shortage, congestion at various ports and severe winter weather over recent weeks as...
So far, 2021 has been opportunistic for auto companies despite unforeseen global challenges faced by the industry last year thanks to the COVID-19 pandemic. Increased demand for personal vehicles amid the public health crisis and an optimistic outlook on the industry’s revival with an ...