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supply shortage

Carmakers Face Supply Price Hikes

Ford isn’t alone in facing cost increases as manufacturers continue to deal with supply shortages.

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Ford Stock Prices Plummet

Shares closed Tuesday at $13.09 apiece, down by 12.3%, shaving $7 billion off the automaker’s market value.

Automakers Tweak Production Over Microchips

Ongoing shortage forcing brands to trim production, especially in North America.

GM Retools Supply Chain to Get Delayed Vehicles to Dealerships

GM retools supply chain to get tens of thousands of vehicles awaiting parts to consumers quickly and ward off future supply chain challenges.

Tightened Inventory and Fewer Buyers Pose Risk to Auto Industry

Automakers blame tightened inventories for double-digit sales declines, but warn higher interest rates, gas prices and rising inflation will push buyers out of the market.

Toyota Trims July Production Totals

The automaker has dialed down its worldwide production schedule for July by 50,000 vehicles to 800,000.

European, North American Automakers Trim Vehicles From Production Schedules

European and North American automakers cut around 25,000 additional vehicles from their production schedules last week.

Automakers Consider Lighter, Machine-Made Wire Harnesses

The shortage of traditional wire harnesses could accelerate automaker plans to move to lighter, machine-made harnesses used in EVs.

BMW Plans to Resume Production at Some Plants

BMW will gradually resume production at its Munich and Dingolfing plants next week after suspending production over supply chain shortages.

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Manufacturers Hopeful That Chip Supply Will Improve in Q4

Though forecasts predict the global semiconductor shortage may not right itself until 2023, vehicle manufacturers express hope for improvement in Quarter 4.

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